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Bitcoin blockhalvings and historical patterns, prior and after
NOT INVESTMENT ADVICE
Not investment advice
first time crossing it failed (medio 2015)
second time it was succesful (end 2015)
Plausibel, but BTC looks strong atm
possible swingtrade to be made
BTC did well the last time that happened, now it is happening again, how will BTC react?
Current situation, still held the support zones, timespan for possible outbreaks is getting smaller. Some sideways and then a break, slightly bullish on outbreak.
This is BTC pictured bullish since 24th of June
What happens after phase 3, no one knows, but something will.
Bitcoin has put in higher lows since the 24th of June. Also the volume has been declining since the bear. These are 2 good indicators that the bear is not as strong anymore.
BTC could hit the long term blue support line around 5k and go back up, that would still be bullish. Breaking it would be bearish.