Halving and Bitcoin Price. The historical pattern shows Bitcoin prices booming one year after each previous halving. However, history doesn’t always paint a complete picture when it comes to the Bitcoin markets. Case in point, the anticipated Consensus price rally failed to happen this year even after many leading experts made bold predictions. Bitcoin Will Reach $400,000 After Halving, History ... Jan 19, 2020 · The second halving, in July of 2016, saw Bitcoin go from a bottom of $164.01 a top of $20,074 – a similar increase of 12,000 percent. With this in mind, if Bitcoin moves similarly after May’s halving, investors can expect the price of the coin to reach as high as $400,000.