According to IntoTheBlock, historical data of $BTC price performance by halving events provides critical insights for traders. The chart shared by IntoTheBlock illustrates that Bitcoin's price historically shows significant growth following each halving event. As the next halving approaches, traders are advised to monitor these patterns closely for potential bullish trends, as similar behavior could be anticipated, given the past cycles. This pattern is supported by past performance data, indicating a trend of increased scarcity leading to higher demand and price surges post-halving.