Production cost is about to double to $14,000.
70% above the current price.
Last halving, price was just 10% below Production cost, and Price & Hash Rate collapsed -20%.
Bitcoin Production Cost script just updated with the latest data:
- CBECI electrical data as at 11 May 2020
- Now uses 2 week rolling data for finer granularity (while balancing TradingView...
Bitcoin Halving Analysis & Predictions
So, in this analysis we're going to try to predict the price of Bitcoin against the US Dollar for around the 12 May (on the 3rd Bitcoin Halving Event!). We're also going to try and predict the future price of this asset through to the 4th halving event in 2024 - these predictions are based on chart analysis of BTCUSD from...
Included the S2F prices on this 4y halving cycles model. Given that the prices overshoot the S2F model we should be expecting prices around 150.000 in this bullrun, however this feels like a long shot. I'd argue that we will definitely see the 50k range this run, but anything above is yet to be seen. What do you think?
In the next cycle the S2F seems to exceed...
Check out this logarithmic scale chart of bitcoin since inception. The chart doesn't lie..
I've been following it for some time now and have made lots of great decisions. Easy to read reflection of the current trends of BTC.
#Bitcoin predictions for 2020! #bullish #Halving #Bitcoinhalvening
MAY 2022 1 $BTC = $180,000
Acredito que o bitcoin entrará neste quadrado.
1. Halvening (média em que nos halvings anteriores o btc iniciou a corrida do topo).
2. Mayer Multiple (a média de elevação de preço após ocorrer o cruzamento da linha na MMultiple até o topo cruzando a 2.4)
Fed is buying bonds and ETFs at 5 year maturity rate leveraged 10:1 by the treasury
Fed is taking on debts of small cities with population 500k or less
Lending out billions of dollars to EU.
Market is stimulated by ghost money, happy investors happy to spend money on many assets, creating a fomo bubble that will probably end up parabolic and explode.
Out of the...
This is a simple but powerful idea.
I've calculated some simple proportions for time distances and incremented percentage price, between the 1º and the 2º halvings. Then I related the results for similar proportions between the 2º and the 3º halving. ATH is All Time High(s).
First and Second halvings:
525 / 364 ≈ 1.44
Second and Third halvings:
Ive just convinced myself of the biggest bull bias in history.
After tracking patterns in the chart like im looking for a nugget in the carpet I found this halvening setup. Most patterns fractal in big and short timeframes, literally 3-6 month, week, daily, hour, 15, 1 min you can find the same patterns repeating.
This will be a long term...
As you can see we have just (tentatively mind you) closed above the 38.2% fib retracement of the major cyclical bear market in 2017-2018 on the weekly timeframe and outside the overhead trendline i identified as the first hurdle Bitcoin would need to overcome, this is undeniably bullish for Bitcoin.
We are also...
Confluence of indicators had a Change of Character 👍🤪👎😬
💚 In the past, when BTC Hash Rate dropped to its 200 Day Moving Average + RSI Oversold 💁 + On Balance Volume was at Support 💁 = Excellent Buying Opportunity.
🔴 Currently, BTC Hash Rate dropped to its 200 Day Moving Average... BUT RSI Overbought and rejected at Resistance 🙅 + On Balance Volume Rejected at...
LINK has just seen a great bounce off of the resistance highlighted by the green box, coinciding with a perfect buy signal on the TD9 for 2 hour. Now it seems the bulls are exhausted as they failed to close above the previous green TD9 support. After breaking down from the triangle, highlighted in black, it now seems to be retesting that trendline perfectly, as...