QuantifyCap
Long

BTC Longterm Block reward Halving

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Just a reference to those who wanted a chart from 2014. The block reward cuts by 50 percent every 4 years.

Cheers and hodl
Comment: 50 to 25 Block reward Halving 2012

25 to 12.5 Block reward Halving 2016

12.5 to 6.25 Block reward Halving 2020
Comment: Looks like $3100 was the bottom and we found the long term support level
Comment: Short term: possible slight correction

Mid term: bullish

Long term: bullish
Comment: Resistance at 9k
Clearly broke 9k resistance. Hitting the 50 fib retracement level from the ath at 19,***k

Could break to 14k, if not a correction wouldn’t be surprising
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We have respected the bottom of the longterm channel !
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