HalvingLens Research

Research Findings

Original, citable Bitcoin research — a permanent library of historical discoveries. Every finding receives a permanent HalvingLens Research ID and is supported by the data already inside the platform. Evidence first, conclusions second. Historical context, not prediction.

Findings published
2
Latest
HL-R002
Citation format
HL-R###
Myth vs Reality

A recurring series: a common assumption, what the historical data actually showed, and where to read the full evidence.

Myth

Extreme fear means Bitcoin is broken.

Reality

Since 2018, days of extreme fear were followed by some of Bitcoin's strongest one-year average returns (around +98%), well ahead of greedy periods (around +66%) — though over the next one to three months they actually lagged.

Takeaway · Extreme fear reflected how people felt, not whether the asset was finished — but it rewarded patience, not instant timing.

Read HL-R002
Myth

Taking profits always beats buy-and-hold.

Reality

Across Bitcoin's history, a buy-only Dynamic DCA rule retained the largest long-term position. Trimming into overheated conditions raised cash and cut drawdowns, but gave up Bitcoin even after the profit was reinvested.

Takeaway · Profit-taking optimises for a different goal — smoother returns and realised cash — not maximum accumulation.

Read HL-R001
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