We are in the middle of the pre halving hype and price is surging. Right now its all hype but the halving effects are not even in play yet. I expect a selloff after halving and then some consolidation. The mega bull run with halving effects will come a little delayed like last time. Last halving was in Nov 2012 and it took a year for price to go to 1200 ath. Now as BTC enjoys a different adaption stage It probably won't take that long for halving effects to kick in. I expect the mega run starting 2017. Moon = Mars in this case
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We hit 3k ATH and now move on into a "short term" bear pullback till 2018. After that get ready for 10k www.tradingview.com/chart/5COzZmxM/
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5k Breached!
- If you read the text above you can find some similarities ;)
- Btc is getting more deflationary at a current Inflation rate of 4%. Before the halfing it was still At 10%. By 2020 it will be at approximately 1.7% Inflation. If demand increases you know what is going to happen in the nearby future. Grab your BTC while you can...