Following the recent, third halving, Bitcoin (BTC) is now in its fourth block reward era. Leading up to the event, pundits launched into varied predictions that ranged from miner capitulation to hash rate plunges to price predictions of half a million dollars.
Much of the analysis has focused around looking back at trends that followed the first and second halvings. Both events saw BTC prices skyrocket in the ensuing year and 18 months, respectively.