kevvela

Bitcoin rallies and declines based on halving cycles

BITSTAMP:BTCUSD   ביטקוין
So here's what I noticed with $bitcoin (which was established back in 2009),

Previous halving years:
2012, 2016, 2020

Bull runs (established peak)
2013, 2017, 2021

Correction years:
2014, 2018, ????

Given this pattern, 2022 is looking like a correction year for the OG crypto, Bitcoin, and most likely the rest of the alt coins (i.e. ETH), since all of these coins are pegged to $BTC in one way or another.

Possible area of support is the blue line, $24kish. Oh buddy.

The next halving year will be on 2024, with 2025 possibly the next bull run.

Will be very interesting if this pattern stays and comes into fruition and if it does, hoping that we will nail it down.

Good luck!

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.