This is just for fun, but shows how if patterns repeat, we can expect buy & sell cycles.
Trade active
⋅
The important times are what's before and after the halving, the buildup to the halvening, then the effect after the last block is mined.
Each previous cycle, the price of BTC on the week of the halving, had rose significantly since the bottom. Meaning anytime between now and May 2020 a bottom has been made, and we're going up from there.
Bottom could have already been in. How many more chances to buy in the lower 3000's will you have now?
@artem19840910, I heard a story about a guy who's bid to sell BTC at 1,000,000 got filled on Gemini, haha. It was a slip, and his trade got filled, but later it was reversed. Regulation.
artem19840910
⋅
Wont be the BTC 1 million Dollar? IBM speaks that.
ChrisCryptoBear
⋅
@artem19840910, Nobody really knows. Maybe we will top at 1 million and then retrace back down again. Maybe we will never get that high. But u see in my chart I did notate the 1 million dollar level.
ChrisCryptoBear
⋅
@artem19840910, The idea behind this is the cycle before and after the halving. price is pressured, disinterest from the bear market dissipates.