cryptokaleo

Bitcoin Halving Reward Era Price Analysis

Long
BNC:BLX   Bitcoin Liquid Index
The bear market has bottomed out against support from the parabolic trend. Expect a gradual price increase following the parabolic trend through the next halving. Note that price should not be expected to go higher than previous ATH prior to the conclusion of the current reward era. Major departure from trend and new ATH should be expected Q1 of the next reward era sometime in late 2020 / early 2021.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.