Following the first halving in November 2012, Bitcoinβs price increased from a $2.01 bottom to the top of $270.94 β a 13,000 percent increase. The second halving, in July of 2016, saw Bitcoin go from a bottom of $164.01 a top of $20,074 β a similar increase of 12,000 percent.
With this in mind, if Bitcoin moves similarly after Mayβs halving, investors can expect the price of the coin to reach as high as $400,000.