It's been said that there's a four-year cycle, a bull-bear cycle, and everyone's waiting for the market to change before and after the halving.
I just saw that the halving will take place in April 2024, and the next halving won't be until 2028.
The first halving occurred in November 2012, when $BTC went from $11 to $260.
The second halving occurred in July 2016, when $BTC went from $430 to $20,000.
The third halving occurred in May 2020, when $BTC went from $3,150 to $68,790.
The fourth halving occurred in April 2024, when $BTC went from $16,500 to $124,474.
What will happen with the fifth halving in three years? Will we see $500,000 worth of $BTC?