Bitcoin tends to bottom 73 weeks prior to its halvings

in #bitcoinlast year

This is interesting...

Based on past patterns, bitcoin has already bottomed.

Historically, bitcoin has tended to bottom 73 weeks prior to it halving.

Check it out:

image.png

(Source: https://twitter.com/TATrader_Alan/status/1610676272862232578/photo/1)

We past that 73 mark a few weeks as you can see on the above chart.

If history is any guide, the lows are in and we are going to slowly build from here into and through the next halving.

My guess is this pattern looks a lot more like 2015 as opposed to 2019... with a slow build as opposed to a massive spike like we saw in the summer of 2019.

Sort:  

Upvoted! Thank you for supporting witness @jswit.

Semoga koin koin lain akan segera ditarik ke atas oleh bitcoin 🔥

Have a nice day

Interesting data

I am against these patterns in bitcoin

What are you against?

Bitcoin is scrubbing the bottom.

Coin Marketplace

STEEM 0.19
TRX 0.12
JST 0.029
BTC 61043.90
ETH 3378.35
USDT 1.00
SBD 2.46