After the 2012 halving, Bitcoin saw a substantial price increase, eventually reaching over $1,000. Similarly, following the 2016 halving, Bitcoin crossed the symbolic $20,000 mark in 2017. The most recent halving in 2020 preceded Bitcoin's historic run to nearly $70,000 in 2021. While these instances have fueled speculation about a direct correlation between halvings and bull runs, it is essential to cautiously approach such claims, as past performance does not guarantee future results in the dynamic cryptocurrency market.