Hi friends hope you are well today we will see how the Bitcoin turns parabolic after every halving event. For this purpose I would like to take you back to the first halvening event of 2012. And on weekly long-term chart we can observe that after the halving event the price action went strong bullish and moved in parabolic way for next one year. This powerful...
First off, I'd like to shout out a fellow trading view analyst @filbfilb who predicted with high accuracy a $20,000 top and a regression to the mean of $3,000 in December of 2017 by using a similar style chart of analyzing a parabolic curve on Bitcoin.
I'm taking his concept and applying it to the current trend and 2019.
There are so many macroeconomic events...
With most bear cycle models showing that Bitcoin is approaching a bottom, it is useful to go back to its original growth pattern. The parabolic curve that has delivered High after High over this decade long time span.
Based on that parabolic pattern we have identified 4 possible growth scenarios leading to the next All Time High using duration and % increase...
