Bitcoin - Projected Bottom and Halving
Hey Everyone,
Bottom - Green Line
Peak - Red Line
Halving - Yellow Line
200 MA and 50 MA are being used.
Does anyone notice the halving occurs in the center of where Bottom Starts and Peak Ends?
2011 to 2013, Halving happened in 2012 which was the center of that period.
2015 to 2017, Halving happened in 2016 which was the center of that period.
2018 to 2021, Halving happened in 2020 and if we consider the 69k ATH as a Peak, we see the halving is in the center once again.
Projected Bottom -
It is calculated on the basis of average number of days it previously took to reach Bottom from the Peak.
4th Halving Projection -
The date is from this source: deltecbank.com/2022/02/28/bitcoin-halving-2024/
Let me know what you think about this.
Thanks!
Bottom - Green Line
Peak - Red Line
Halving - Yellow Line
200 MA and 50 MA are being used.
Does anyone notice the halving occurs in the center of where Bottom Starts and Peak Ends?
2011 to 2013, Halving happened in 2012 which was the center of that period.
2015 to 2017, Halving happened in 2016 which was the center of that period.
2018 to 2021, Halving happened in 2020 and if we consider the 69k ATH as a Peak, we see the halving is in the center once again.
Projected Bottom -
It is calculated on the basis of average number of days it previously took to reach Bottom from the Peak.
4th Halving Projection -
The date is from this source: deltecbank.com/2022/02/28/bitcoin-halving-2024/
Let me know what you think about this.
Thanks!
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