Bitcoin's price has been on a rollercoaster ride in European trading hours since the halving event in April. Data from Glassnode shows that the price has fluctuated wildly, with a noticeable uptrend from January to March, followed by a sharp decline in May and a brief respite in June. This volatility is reminiscent of past bull markets, where significant price swings occurred during major events and market corrections.

The data reveals a dramatic shift in Bitcoin's price during European trading hours, with a 30-day change in regional price showing significant fluctuations. While the price was on an uptrend from early January to mid-March, it plummeted in May, indicating increased selling pressure and a sustained downward movement. This trend is similar to historical patterns, where major events and market corrections led to significant price swings.

The current trend suggests that post-halving market conditions continue to influence Bitcoin's price action within the European trading window. Historical data offers additional context, highlighting similar volatility patterns following major events. For instance, the 2017 and 2021 bull markets saw significant month-over-month price swings, particularly during key regulatory developments and market corrections.

The increased volatility in European trading hours may be attributed to various factors, including regulatory developments, market corrections, and investor sentiment. As the market continues to evolve, it is essential for investors to stay informed and adapt their strategies accordingly. Bitcoin's price swings may present opportunities for some investors, but they also underscore the risks involved in trading cryptocurrencies.

In conclusion, Bitcoin's price has experienced significant fluctuations in European trading hours since the halving event in April. Historical data suggests that this volatility is not uncommon, and investors should be prepared for continued price swings as the market navigates regulatory developments, market corrections, and investor sentiment. As always, investors should exercise caution and conduct thorough research before making any investment decisions.