Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Taking a peak into the wayback machine. I cant find the live original atm in the mess I call my charting folder so some imagination required. Seems to be hodling up ok.
Leading up to halving price starts to move. Maybe it's different this time.
Looks different.. It has hit the '3000 in October 2019' level way earlier than that chart shows. So 2023 looks pessimistic, but we will find out in time. I think the price will be significantly above where we are now by autumn this year. No ATH, but higher by a good deal.
New ATH? Sometime between late 2020 and late 2021, if the relationship to the halving and the roughly four year cycle holds. YMMV.
This is my take on that chart that infofront posted after some consideration. I think the next peak will be in the 2nd half of '21 in December. If this is any indication then we will have one week between now and mid-summer of fairly extreme volatility that will make a yearly ATL before trending upwards. Many assumptions and a fair amount of bias here so do your own research.
W
#stronghands
W
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late night charts
#dyor
4h
D
#stronghands
Repost of a classic chart (source unknown):
Leading up to halving price starts to move. Maybe it's different this time.
Looks different.. It has hit the '3000 in October 2019' level way earlier than that chart shows. So 2023 looks pessimistic, but we will find out in time. I think the price will be significantly above where we are now by autumn this year. No ATH, but higher by a good deal.
New ATH? Sometime between late 2020 and late 2021, if the relationship to the halving and the roughly four year cycle holds. YMMV.
This is my take on that chart that infofront posted after some consideration. I think the next peak will be in the 2nd half of '21 in December. If this is any indication then we will have one week between now and mid-summer of fairly extreme volatility that will make a yearly ATL before trending upwards. Many assumptions and a fair amount of bias here so do your own research.
W
#stronghands
W
-----
late night charts
#dyor
4h
D
#stronghands