The most recent Bitcoin mining subsidy halving occurred officially one year ago today, on May 11, 2020.
Following the record plunge across all asset classes during the global liquidity crises at the beginning of March 2020, record monetary and fiscal stimulus had bitcoin trading around the $8,000 level at the halving on May 11, 2020.
What has transpired since that Halving event was that investor sentiment around the record monetary expansion on the horizon has been proven to be correct.
Leading up to the Halving last year, many in the Bitcoin community and more broadly in the financial system were debating whether the Halving was “priced in,” as the event is known well into the future.