This idea is just for fun, so what if... -- we do reach or almost reach 100k, but not until after the next halving --we stop there, quickly head back down to around where we are now (24k) -- and then right back to at or near 100k again -- double-top then an extended downtrend until 2028 halving (we don't actually have a date for this yet, just speculating) ...
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...
As far as I know, the Brave New Coin Liquid Index (BLX) has the most complete chart of BTC. Looking at the 1M chart, we can observe that BTC halving events appear to always kick off wave 3 impulses. In the first halving, we can see a blow off top in the minor 5 of intermediate (3). The second halving, takes in minor 1 of intermediate (3) and the third halving also...
Here we can see the PI cycle top flashed early much like 2013 In 2013 it was April fools day when BTC started its correction BTC reached the Center point of logarithmic regression around July 1 This correction was only 3 months in length I do see a similar pattern here, If this plays out like the super cycle in 2013 then my personal targets are: Center of...
The channel is drawn to what provides the best fit. In this case, it is the candle close. This is the best fit because the candle wick in Dec 2017 was relatively short-lived; it lasted about 2.5 days. However, the dotted arrow is drawn, considering the possibility that the price might overshoot out of the channel again. Even if it happens for a single day....
This is the question that I will answer for your today. Can Bitcoin hit $110,000 to $120,000 in the next 6-9 months? It is a fair question, many people are bound to ask if prices can recover higher now that a strong correction has taken place... Please allow me to entertain you for a few minutes! Bitcoin peaked April 2021 The bullish wave that took place...
I know we are in a cyclical dump but we all know the bitcoin halving event is slated for 2024. This halving event will have effects on all alt coins. If you draw the sin curve out for ETH 200 day average and take into account the shear uptick and overall volume…we may see flat trading all of 2023 with a steep spike to the upside starting in… that’s right 2024...
Theory. If BTC do an Inverse H&S, would play out as going towards $60k end of year 2022, retracing to $30k between the coming months of 2023, consolidating and uprising towards $60k again breaking up. end of target $98k. RSI, would rise like 2018 meaning we had reach $60k or close to it. then consolidating to areas of not oversold but lower. similar as 2018....
Bitcoin (BTC), which hit an all-time high of $69,000 in November 2021, has been in free fall amid a broader market meltdown and is now down around 70%. So while Bitcoin is battling the big psychological number of $20,000 in the short-term, the real bottom could even be around the $10,000 mark. 4-Year Halving Cycle Bitcoin's 4-year halving cycle has a significant...
Waiting for9k region and cme gap to close at that level . Then later we should see a mini bull run up to 36k where there is another gap .All of this to happen in the first quarter of 2023 and then we should see another bear run where btc from 36k to fall up to 9k again before the halving event occurs. After the halving i expect btc to go and hit 100k which is...
Bitcoin's (BTC) slide seems to have no end in sight, with investor sentiment showing extreme fear. Yet, there's a light at the end of the tunnel, and to understand where Bitcoin goes from here, we need to step back and look at the bigger picture. Bitcoin Log Long-Term Chart As per our in-depth analysis, Bitcoin's long-term logarithmic regression channel is still...
Keep it plain, simple and minimize the noise! On this chart I am showing you the timeframes of events that occurred in the previous bear market. Now, this chart will of course only make sense if we follow the same trend of the previous bear market of course, although I think its great to keep an eye on just in case we do! Important to ignore your favourite...
BITSTAMP:BTCUSD This is what's Bitcoin Chart does after halving.
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
Bitcoin (BTC) is on track to record losses for the eighth week in a row, the longest streak of losses in history. Before this streak, the previous biggest consecutive weekly losses were recorded in December 2014, when Bitcoin was worth just a few hundred USD and was down for five weeks in a row. Is Bitcoin Oversold? Despite the severe sell-off, Bitcoin is still...
By looking at Bitcoin's previous cycles and the trend within those cycles, along with Fibonacci levels, support / resistance lines, and our current world economy - I came to this prediction. The yellow candles representing the future predication are a fractal from the dates August 2014 to July 2016, which lead into the 2016 halving cycle.
Prediction of the next movements of Bitcoin by analysing the history of the different stadia after halving and before a new halving
Plz zoom out as much as you can As you know halving takes place every 120,000 blocks are mined, 4th halving will take place as soon as the 840,000th block is mined I came to 3 different possible dates of the 4th halving, the mean of them is ARP.19.24 & 1430 days of cycle; roughly As if today 2/23/2022 725,000 blocks are mined, 45% mark from 630,000 to 840,000 and...