BTC prices and past halvings

Figure 1: BTC’s next halving could take annual supply down to 165,000 coins from 330,000

Figure 2: BTC rallied sharply in the 365 days following past halvings of new supply

Figure 3: The number of daily transactions has sometimes presaged bitcoin rallies and falls

Figure 4: BTC’s trailing 1Y volatility recently fell to a record low

Figure 5: Spikes in miners’ revenue per transaction signalled coming bitcoin bear markets