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Nov 22, 2019 1:12 AM

BTC / USDT 6999 witin the next 12 hours, perhaps. Short

Bitcoin / TetherHITBTC

Description

BTC / USDT 6999 for 2019-11-22 perhaps.

Comment

BTC reached the bottom during the pandemic during 2020-03 and now I expect BTC to rise at least until 2021-06-06 and perhaps even as late as 2022-03.

Comment

Mid-month weekday-start (first weekday after the 15 th of the month) data is currently reflecting... 2021-10 = relatively flat. 2021-11 = decline. 2021-12 = increase. 2022-01 = relatively flat. 2022-12 = increase.

Comment

The white lines are the BTC halving cycles. It appears that BTC may peak around 9-11 to 10-10 of 2021; based off of the past distance from the halving cycles. The M-shaped curve may see a second peak of around 51k to 76k with a midpoint of around 66.6k.

Comment

This chart is easier to see:

Comment


BTC is likely to decline over the next 12 months. However, after an estimate 2022-09-11 date, it is very likely to being increasing based off off the extended long-run historical data and trend.
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