Taking a Look at the Last Few Difficulty Adjustments As we c | LibreCharts

Taking a Look at the Last Few Difficulty Adjustments

As we can see, there hasn't been a major negative adjustment in the difficulty since November 3rd, 2020 (-16.05%; second greatest drop in difficulty in $BTC's history).

List of Dates When the Bitcoin Difficulty Decreased >10%

1. October 13th, 2011 (-13.09%)

2. October 30th, 2011 (-18.03%)

3. December 26th, 2012 (-11.59%)

4. December 3rd, 2018 (-15.13%)

5. March 25th, 2020 (-15.95%)

6. November 3rd, 2020 (-16.05%)

Let's See How the Price Changed After Each Major Adjustment in Difficulty

Since we know that Bitcoin is headed for a reduction in difficulty of >10% and we have a list of each time the Bitcoin difficulty has decreased >10% (only 6 times, so pretty rare), let's see how the price has reacted afterward