InvestingScope

Bitcoin: Roadmap to the next Halving. Reward phases and cycles.

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
This is the long term logarithmic chart of BTCUSD providing a complete outlook of the halvings, reward phases and market cycles. All those parameters are much needed in anticipating and most of all timing the price action within the parabolic pattern.

Bitcoin cannot of course keep growing exponentially. The log ensures that its growth is decelerating on the long term to an asymptotic point.

This chart clearly illustrates the growth (uptrend) periods (shown in green) as well as the subsequent downtrend, accumulation and recovery/ distribution phases of the market cycle.

Halvings are the primary reason of those cycles as they initiate the supply shock that causes the start of the new uptrend/ bull market period.

As seen on the chart the next (3rd) Halving is scheduled for May 2020 where the new Recovery/ Distribution phase is expected to peak around $12,000. This is expected to initiate the new uptrend phase the peak of which should be considerably higher than the current All Time High, based on the parabolic pattern (see the chart below). BTC investors that follow those phases and historic patterns shouldn't wait for the next halving to buy as currently we have most likely concluded the downtrend and are at the start of the accumulation period. Roadmap





** If you like our free content follow our profile (https://www.tradingview.com/u/InvestingS...) to get more daily ideas. **

Comments and likes are greatly appreciated.
High quality signals (http://www.investingscope.com) for live buy/sell opportunities on a variety of financial assets.

Related Ideas

Well done my friend. This is exactly what i believe is going to play out too. Without going into a huge explanation. I expect Bitcoin to reach about 6k by 2020, 15k by 21', 300k by 22',175k by 23', 325k by 24' and 850k by 25'. It needs to see numbers like this in order to be sustainable. The mining alone needs to stay profitable. Bitcoin needs to see 90% of its growth in its first 20 years. When bitcoin hits its 20th year in 2025, miners will only be rewarded, for only one year @ 6.25 BTC per block reward. In 2026 they will only receive 3.125 BTC per block reward. It would need to see 5 million plus. For mining alone to stay profitable, the price per BTC will need to reach these numbers in order to stay worth the effort. Now where talking Trillions of dollars in growth per year. Now will it reach those numbers for sure? I dont know. Do i hope it does? Ab-sol-utly!!! There many other inverse effects effecting BTC from reaching its full potential ie. all the other growth and developments that need to happen in the mean time. It needs to stay as Digital gold and needs mass acceptance as true store of value. In my opinion, BTC needs to be the gold as BCH needs to be the cash. Point blank period. A once of gold to a dollar bill comparison. The only thing thats going to hold BTC back are humans. The foundation is already designed and tested. It works.
Reply
I think the stock markets will collapse quite a bit over the next few weeks. There will not be enough money to support the crypto market. I expect the next big BTC drop coming before too long. YMMV. Take care.
Reply
BTCUSD H4 Correction up. Checkout the idea detail's and all the update's for the complete picture.
+1 Reply
@Boon2, Good illustration of the accumulation/ distribution phase.
+1 Reply
Boon2 InvestingScope
@InvestingScope, Cheers, only a matter of time before we get the H4 internal C up. A trade no BTC trader should miss.
Reply
Hi, amazing work from You!
Currently, there should be an amazing sell opportunity after the sem-round number breaks - $3,500:

A bit deeper analysis about current channels on the market!
Cheers!
Reply
@VaidoVeek, Thanks Vaido. Very interesting outlook.
Reply
Saved
+2 Reply
good job
matching with my idea hope it will turn in a good way
+1 Reply
@fayyad, Thanks for sharing. Very similar indeed.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out