Summary
TLDR: Bitcoin halving occurs every four years, leading to peak and trough prices before and after the event. Supply shock causes price appreciation, followed by sell-off until bottom is reached. Price then rises steadily until next halving. Cycle repeats every four years.
Key Points
1. The halving event occurs every 210,000 blocks, creating a distinct four-year time frame between events.
2. Historical data shows that there is a peak price, trough price, bull portion, and bear portion of the cycle within these four years.
3. The month before and after the halving typically sees the most price appreciation due to the supply shock created by the event.