1. We often hear about WHERE might #Bitcoin peak in this Bull Market...
But we rarely talk about WHEN they might happen
Let's take a look at the curious role of time in the context of each of #BTC 's Halvings...
But we rarely talk about WHEN they might happen
Let's take a look at the curious role of time in the context of each of #BTC 's Halvings...
2. How many days did #Bitcoin bottom before its first ever Halving?
378 days
How many days did #BTC top out after its first ever Halving?
364 days...
378 days
How many days did #BTC top out after its first ever Halving?
364 days...
3. What about Bitcoin Halving 2?
How many days did #Bitcoin bottom before its second Halving?
546 days
How many days did #BTC top out after its second Halving?
518 days...
How many days did #Bitcoin bottom before its second Halving?
546 days
How many days did #BTC top out after its second Halving?
518 days...
4. Based on Halving 1 and Halving 2...
It takes approximately the same amount of time for Bitcoin to bottom prior to the Halving event as it takes to peak after the Halving event
It takes approximately the same amount of time for Bitcoin to bottom prior to the Halving event as it takes to peak after the Halving event
5. What if this curious role of time continues in the context of the third #Bitcoin Halving?
Let's see:
#BTC bottomed 511 days before Halving 3
So if it takes Bitcoin 511 days after the Halving to peak...
Bitcoin will top out in early Q4, 2021
Specifically - in October 2021
Let's see:
#BTC bottomed 511 days before Halving 3
So if it takes Bitcoin 511 days after the Halving to peak...
Bitcoin will top out in early Q4, 2021
Specifically - in October 2021
6. The #Bitcoin Four Year Cycle theory appears to support this
It suggests that #BTC will experience exponential growth in 2021 (i.e. Candle 1) & peak before the end of the year
After all - every Candle 1 has a short upside wick, demonstrating that price closes lower than peak
It suggests that #BTC will experience exponential growth in 2021 (i.e. Candle 1) & peak before the end of the year
After all - every Candle 1 has a short upside wick, demonstrating that price closes lower than peak
7. If you enjoyed this thread...
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8. Further Reading:
"Where Could Bitcoin Peak In The 2021 Bull Market?"
https://rektcapital.substack.com/p/bitcoinhalving3
Thread about the "New Bitcoin Four Year Cycle": https://twitter.com/rektcapital/status/1349681593238114307
"Where Could Bitcoin Peak In The 2021 Bull Market?"
https://rektcapital.substack.com/p/bitcoinhalving3
Thread about the "New Bitcoin Four Year Cycle": https://twitter.com/rektcapital/status/1349681593238114307