Each event decreased the cryptocurrency’s new supply rate by 50%, which was followed by notable increases in BTC price.
The third halving caused the price to jump from $8,787 to as high as $66,999, a 667.50% increase.
Despite the high price projections, Bitcoin can still see big corrections in the future.
But not everyone thinks the next correction will be as dramatic as the previous ones.
Last week, Bitcoin established a new record high at around $67,000 following a 53% rally in October so far.