Hello everyone, today I would like to share an idea about bitcoin next halving. Can we predict the next halving of bitcoin with the help of previous cycles? A bitcoin halving is scheduled to take place every 210,000 blocks. Three bitcoin halvings have already taken place, one in 2012, 2016, and the last halving in 2020. The bitcoin halving prediction shown...
A. What is the Bitcoin halving? 1. The Bitcoin halving is an event where mining rewards are cut in half. 2. The event takes place every four years, according to pre-set rules in Bitcoin's code. B. A brief history 1. 2009 – Bitcoin mining rewards start at 50 BTC per block. 2. 2012 – The first Bitcoin halving reduces mining rewards to 25 BTC. 3. 2016...
Just created it for myself but can't keep this away for some of you. Simply illustrated some times it took for Bitcoin every halving cycle to reach the bottom, top and the total bottoming time. Enjoy
I am simultaneously publishing this and an identical chart of the 3rd Halving Bull Run, 05/2020 - Current For a full analysis please view: www.booyahtraders.com
Review of schema of th bull after halving 2016 and reproduction on the bull after 2020 halving.
You have any hesitation above the chart Have any glitch on the nzdchf weeklieas chart ? i hope traders can properly indentify my charting glitch ! CADCHF will be gone moon ! #CADCHF Where will be arrived? CADCHF BULL prive movement prediction ready i believe that . CADCHF mine own perspective so what's your opinion on the nzdchf price movement please comment...
Sure, these times are different; although I like (these times) Like every other time I see something I like ;) More institutional investors invested in crypto; A crypto got attacked by a regulator with disastrous effects; Fiat money is printed like never before; The world seems to be in chaos; (What seems to be, is, to those to whom it seems to be. Said W....
Retro Chart I've been posting and its hitting similarities in 2020. Just hit the Daily 21 EMA, might test the Daily 89 EMA...didn't test Weekly 21 EMA unitl January 2017, but by then...the Dip to the 21 Daily EMA was still Lower than the Januaru Dip...Prices Never Seen Again...
Summary Initial 6 months after each event, the % gained over length of time is eerily similar. There appear to be different structures of uptrend after each the 2016 and 2020 halving events, but the percentages and over the length of time are noticeably similar in their result. As it stands, it's agreeable the numbers are at least similar. BUT, If Bitcoin...
This chart shows the 2016 BTC Halving(red dot vertical line) and how BTC re-tested the 55 and 21 EMA's 12-16 weeks after the Halving. BTC is currently closing out Week 9 Post-Halving 2020. Will BTC re-trace to the 55 and or the 21 Weekly EMA's this time...I think the current day, 21 EMA could be tapped no problem...Look for next post for Part 2 Showing 2020...
The chart is self explanatory, I did my best to get all the previous support and resistance lines. If you can check the info line ( It is colored red with info box next to it ) it shows how many days BITCOIN was BEARISH and how many Bars it fall back with. Previous fall back { 13 Days, 13 Bars | 14 Day, 14 Bars } Current is { 13 Days, 13 Bars } My personal...
The third ever halving took place on May 11 in the Bitcoin network on block #630000. The specified block, the award for which amounted to 6.25 BTC, at 19:23 GMT got the AntPool pool. Halving is a halving of the miners' reward for adding a new block to the block. Satoshi Nakamoto programmed halving in the bitcoin network every 210 thousand blocks, i.e. once in 4...
Hello fellow traders. Hope you all well and safe during these quarantine times. As we approach halving time, it's definitely good to take an overall look at BTC's journey till here, and what the future can bring to us, if history continues to follow same fractal patterns. Hope you are ready. Cheers!
I rarely take fundamentals inside my equations, but, given the importance of this event, i took some notes and observations on what happened around july 9 2016. Bitcoin is definitely behaving differently than 4 years ago; but... Interesting fact: BITFINEX:BTCUSD bottomed at $563, exactly 30 days after the july 2016 halving. So, what are your thoughts for...
While bitcoin is still ranging, I would like to speculate what to expect from the approaching halving of the block reward event and how it was last time. November 28, 2012 The first Bitcoin halving takes place to reduce mining rewards to 25 BTC As you can see on the chart below bitcoin price experienced two falls (40% and 25%) prior to date. After the...
Following btc price history from halving in 2016 data has been used for upcoming 2020 halving
After analyzing some weekly price action i notice this recent drop in price action pinged Bitcoins rsi so an historic level on the weekly. Last time this happened was also 50 or so days prior to a halving like we are approaching and it concluded in a rally of 120%. with the only valid trend in the market being a falling wedge its my assumption we'll break out of...