releasethegenie

Just some lines on a chart

Long
releasethegenie Updated   
GEMINI:BCHUSD   Bitcoin Cash
Previous BCH halvening (04/08/2020) the price was $267

The upcoming halvening the supply will be cut in half again, so price will need to double compared to previous halvening in order for miner's to stay profitable.

Price target of $530ish
Comment:
Looks like I under-estimated halvening price. I didn't account for inflation. But still pretty good estimate.
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