On August 20th, according to Unchained, data from blockchain analytics company CryptoQuant revealed significant price drops for Bitcoin post-halving. Specifically, the price dropped from a peak of $63,825.87 on April 19th to $58,530.13, marking an over 8.2% decline. This represents the worst record in history, making it the historically poorest halving performance. Notably, during previous halving cycles, Bitcoin's dollar value typically increased within the following four months. However, this time is different. In 2020, Bitcoin experienced a rise of about 21.4% within four months after the halving, climbing from $8,566.77 to $10,402.66; while in 2016, the corresponding increase was approximately 11.12%, rising from $638.19 to $720.97. Earlier, when Bitcoin halved in 2012, its trading price was $12.35, and it surged nearly 600% within four months to reach $86.18.