Bitcoin Halving: An Analysis
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Bitcoin Halving: An Analysis

<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/sannui/bitcoin_halving_an_analysis/"> <img src="https://b.thumbs.redditmedia.com/LZAsrhjA8erKT2oOqEip00KgP3AaVKQnjdhD3W_O6Qg.jpg" alt="Bitcoin Halving: An Analysis" title="Bitcoin Halving: An Analysis" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>The Bitcoin Halving is something not widely discussed here, so let me briefly introduce this concept.</p> <p><strong>Fundamentally</strong>, every halving event causes Bitcoin's price to rally to new all time highs</p> <p><a href="https://preview.redd.it/881ofqgexdd81.png?width=3200&amp;format=png&amp;auto=webp&amp;s=e12ee73e5f40e1660fa8150804c949f798cab4f8">Figure 1. Price (USD) of BTC in relation to halving events</a></p> <p>As you can see the cycle lengthens (courtesy of Maestro Benjamin Cowen) and BTC has yet to rally into it's blowoff top this cycle.</p> <p><a href="https://preview.redd.it/r2k63n14ydd81.png?width=407&amp;format=png&amp;auto=webp&amp;s=daa39f3d0c5c56f0609b299275c40e84ad6ff922">Figure 2. Bitcoin is nearing its next halving (-48.7% currently)</a></p> <p>Today, BTC is at <strong>-48.7%</strong> from it's local top. We are very close to the next halving (-50%). Get ready for the most parabolic run ever this year.</p> <p>Taking into consideration the lengthening cycle and bitcoin halving, I can only conclude that we are, as academically put, <strong>all gonna make it</strong>.</p> <p>NFA DYOR</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Wubbywub"> /u/Wubbywub </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sannui/bitcoin_halving_an_analysis/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sannui/bitcoin_halving_an_analysis/">[comments]</a></span> </td></tr></table>Kind Regards R
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