Despite what goes on into smaller time-frames regarding Bitcoin's price activity,
one must not forget it's Bright Future Ahead.
And if one tends to forget that,
Halvening comes as a Shock Supply to remind us.
Each price fall headed South on Bitcoin ,
is a chance for newcomers and especially for us enthusiasts to participate
into Accumulating as more SATS as we...
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
- Another Bearish Perspective was shared to updates of idea 'The Struggle Continues'
Bearish Pattern of Rising Wedge pattern playng out pre-Halvening with a 40% Measured Move Target
Congratulations to those who saw this coming and took entries
Our TP1 was hit in a very short period of time resulting to 300%+,
now looking ahead for TP2 while trailing SL.
Next...
"Cumulus Triangles" are new Bitcoin chart patterns developed exclusively by The Crypto Weather Channel to help identify the trading range of bitcoin between the start of the first Bull market and the Halving. Have no idea where Bitcoin is going next? We've got you covered, all the way up until the Halving event! Thanks for watching.
Very, very simple projection using previous BTC "Halvening" dates measured to peak of market over the last several years, and then averaging the three periods (again, the length of time from Halvening to next peak) to project the next peak.
Used TradingView curve tool to capture the peaks and troughs of the market over time. Obviously using Bitstamp as it has...
What are the possibilities for the future of Bitcoin? There's mixed perspective with the retail and institutional world of investors but to base things solely on my opinion of its all-time wavemapping, I think Bitcoin could see upwards of $3M-$4M per coin by the early 2030s. I too anticipate a number of heavy, undeniably deep corrections to come during that...
