VincePrince

Bitcoin-Halving-Cycle-Analysis

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Hello Traders Investors And Community, here is the big significant and fundamental meaningful bitcoin-halving-cycle-analysis I constituted and show to you. As the next halving will approach estimated in one week left at the 12th May of 2020 we are at a historical moment in bitcoin history, the next week's bitcoin will show us if the next halving will affect the bitcoin price similar to the past ones. This is a long-term analysis on the weekly time-frame elevating the whole next halving cycle, I also made short and middle-term analyses that you can watch when you go to my account which I suggest for having a full-depth-overview.

As you can see in my chart bitcoin is moving in a giant uprising channel, with two halving cycles already completed. The halving-cycles consist of two periods, firstly it is the accumulation/consolidation period where large interest begins to settle in bitcoin and cryptocurrencies and buying large sums of the individual currency before the public begins to enter. The second period is the growth-period where the public and all retail traders enter the surface to get the wave and profit from it. When looking on bitcoins past history we can elevate that the halvings had a direct impact of the growth of bitcoins price.


Bitcoin made an increase in the price of 90.52 times more after the first halving and 28.74 after the second halving which gives an average increase of 59.63 for the whole halving cycles periods when we multiply this number on the next possible cycle developing this gives a result of 550384.9 which is a big number, in fact, the increase in price can be lower but there is a high possibility given that the halving will have a big impact on the price-growth similar as we have seen it already in the last two halvings it is possible that the next halving cycle is similar to the first one.

The next weeks will show how it will play out, note that we had a little dip after the halvings due to supply in the markets from bitcoin miners etc. Also the fact that bitcoin has only 21.000.000 of total supply and every bitcoin halving the reward for miners will be halved makes it a rare and requested asset in the future which is a possible factor for the inflation in price, do you think this was the plan of satoshi or was it a coincidence? As we can see now bitcoin is still in the consolidation-period but this can change after we start to grow in the growth-period.

Great, this should give you a good overview of the current bitcoin-halving-cycle situation, feel free to support for more market insight and all the best to you.
"Success seems to be connected with action as the halving cycle is connected to the bitcoin price growth."
FAREWELL

Information provided is only educational and should not be used to take action in the markets.
Comment:
Comment: Corrected with "Second Halving"
Comment: Bitcoin Halvin: Reward-Drop ETA date: 12 May 2020 02:34:38 UTC
04 day 14 hours 59 minutes and 21 seconds left
✔ Telegram: https://t.me/vinceprince_channel

✔ Instagram: https://www.instagram.com/vince_prince_official/

✔ Twitter: https://twitter.com/VincePrince244

✔ Join The Elite: @Vince_Prince

✔ "The key to success is to focus on goals, not obstacles."

Comments

So, the big question is: will BTC drop one more time just right after the halving? I mean , this would fit to a potential sharp drop of SPX and DJI. Unless, the mafia boss will make his next money printing move quite soon already...
+5 Reply
@ttk100, Hello, interesting examination
Reply
@ttk100, As we saw empirically in bitcoins past bitcoin dumped some after the halving, it can possibly happen now, we will see how its playing out
+2 Reply
ttk100 VincePrince
@VincePrince, cannot wait
Reply
@ttk100, Thanks your welcome
Reply
@ttk100, your guess matches my guess
Reply
ttk100 beethofen
@beethofen, after the halving in 2016 it went about 69% from 780 to 540 USD. does this mean a potential drob from 10k to 6800 ?
Reply
has this post been invalidated by break of 10k and referenced in your newest post?
+1 Reply
VincePrince moontime1
@moontime1, Hi, you are welcome.
Reply
VincePrince moontime1
@moontime1, No it was not invalidated, I made an update about it.
+1 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out