kevvela

Bitcoin rallies and declines based on halving cycles

BITSTAMP:BTCUSD   Bitcoin
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!

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.