Halving to scream!

Halving to scream!


Hi everyone I want to show you the growth of the respective halving and therefore based on what has happened in the past we can make assumptions about the future of Bitcoin.


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Meanwhile, from figure 1, we can see that the halving effect did not materialize immediately, there was no sudden surge in the price. Let's get down to business. It took 371 days to see the effect of the first halving and the numbers speak for themselves, a 9464.14% increase from $ 12.16 to $ 1163, the union of the departure and arrival points formed at an angle of 27th, these are incredible numbers! So let's immediately compare them with the data collected in the second halving of July 9, 2012.


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In this case, to reach the maximum expression, the halving effect took 526 days with a price increase of 2866.21%, from $ 663 at 19666 $, let's face it, they are not the Martian numbers of the first halving but they are always stellar numbers! Also in this case, the angle formed from the starting point to the arrival point is 27 ° just like the previous one. Well, we have come to the present, so let's see what BTC could reserve for us in the future. We do this by reporting the same parameters on the graph as in the two previous halving. We have seen two percentages of different growth, let's reproduce them both starting from the numbers of the first.


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As you can see I added a few more days but the angle and the percentage of growth are the same. They are mind-boggling numbers, the price could exceed $ 830,000, they are numbers of a performance already made and therefore repeatable, why not !? Warning! With this I do not want to say that it will happen again, it is only a perspective that revolves around the BTC, considering also the fact that its trading volume is constantly expanding and for years it has been leading the ranking on the other cryptocurrencies.These instead are the numbers that could occur if we compare the current halving with the previous one of 9 July 2016.


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Here too I have granted a few more days but the angle and the percentage of growth are the same. The prospect is around $ 260,000. Now, in summary, the BTC could, at best, exceed $ 830,000, of course it will need its time, it could be a year or more. I remind everyone that these are assumptions based on price movements in similar situations. I personally believe that BTC will give us such satisfaction and it has all the cards to get there, not on the moon, as it is said for other altcoins, but on the planet farthest from the earth! BTC on Farout! Out of duty, I would like to add, that there are other cryptocurrencies that have excellent potential that are worth spending some time on.

Hi everyone and thank you!


 

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technical analysis for beginners
technical analysis for beginners

Simple technical analysis following the price movement

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