@Rodion
edited
⛏ Where will bitcoin meet halving? ⛏
A bit more than a week remains before the main event of 2020 in the crypto world, a bitcoin halving. Over the past month and a half since the collapse of the markets, the main cryptocurrency, and with it the entire digital asset market, has fully recovered and are gaining strength for a new rise. A study by Currency.com cryptocurrency analysts shows that Bitcoin behaves quite predictably, repeating the scenario of the previous two halving, showing approximately the same dynamics, but adjusted for the global crisis and pandemic, which have collapsed BTC for a short period of time. The dynamics of bitcoin before and after halving is the same. First, bitcoin grows, reaching a historical maximum, then drops by more than 80%, gradually recovers to average values from the previous peak and halving occurs, after which a new peak submits within 13-17 months. It turns out the scheme "Peak - Bottom - Recovery (Halving) - New peak." By the way, this model is fully consistent with the standard business cycle. 🔸 2011-2013 - Peak - $ 32 - Bottom - $ 2 - Recovery to halving - $ 12.5 - New peak in 13 months - $ 1177 🔸2013-2016 - Peak - $ 1177 - Bottom - $ 163 - Recovery to halving - $ 665 - A new peak in 17 months - $ 19,800 🔸2017-202? - Peak - $ 19,800 - Bottom - $ 3148 - Recovery to halving - $ 9400-10400 - A new peak in ?? months - ??? As you can see, the scenarios are almost identical, and the current rate is very close to the expected values. Given the growing open interest in bitcoin CME futures and the increased activity of large investors, the price is likely to reach $ 9400- $ 10400 for the remaining days. In our community, everyone is welcome, join: https://read.cash/c/world-today-70ff You may be interested in my other articles: Pavel Durov offered investors 2 options. https://read.cash/@Rodion/pavel-durov-offered-investors-2-options-bafc52c9 How does inflation depreciate your money? https://read.cash/@Rodion/how-does-inflation-depreciate-your-money-8dbd0602 The founder of Telegram, Pavel Durov: After a pandemic, the world will not return to normal. https://read.cash/@Rodion/the-founder-of-telegram-pavel-durov-after-a-pandemic-the-world-will-not-return-to-normal-6cef8d24 ETH 2.0 will be “the community’s largest economic shift”. https://read.cash/@Rodion/eth-20-will-be-the-communitys-largest-economic-shift-a8814608 [sponsors]
18 comments
A very good insight into the Pre and post Bitcoin halving exercise. Keep doing the good job!
Thank you friend! It’s nice when your articles are interesting
Thank you for the reply. Just keep going in the community by giving us useful and educative articles. Keep going!
It is gratifying to have like-minded people! It is inspiring to write further !!
Excellent refresher on the numbers and will be bullish! Maybe sell on halving day and buy back thereafter.
We have to wait for major shifts. You can’t say anything yet, as there can be an intensive rise up, and there can be a powerful rebound to the lower boundary of the triangle in several stages!
What you said sounds similar to what i said. lol BTC will rise up for the halving, pullback and then moon. ;)
Yes, friend! It's great that our thoughts are similar. It is very happy :)
Interesting approach. I'm wondering how much of my alts I should shift over to BTC in anticipation of the appreciation in value after the halving....what are your thoughts, in terms of percentage?
After helving, there may be enough time to see its results! We will see!
Like everyone else, I am so interested to see where we land post-halving. I'm not sure if I should be shifting my alts to BTC in anticipation. What are your thoughts on this?
The answer is simple. I think you need to keep about 50/50. 50 Bitcoin = 50 all other viola.
Well-done Rodion, keep pouring it out
Thank you Your support is important to me !!
You're welcome, you earned it. Good work comes with great comment.
It is very important for us to create a strong relationship and share experience, this is a wonderful gift that a person has acquired!
Well BTC moved to just under 10,000 over the last few hours. Fun few days to go. Now under 4 days til halving. Except price to move to 12-14k.
I try to take this calmly, I continue to wait for the moment :)