Hey Everyone, I know there is a fall in the market however it is really important for all of you to understand that it's a part of the process. Here is my analysis for Bitcoin Halving.
Halving 1:
- 8300% Up after First Halving - Took 335 Days
- 80% Down in 426 days
Halving 2:
- 2300% Up after Second Halving - Took 487 Days
- 75% Down in 396 days
Halving 3:
- 570% Up after Third Halving - Took 487 Days
- Prediction: 70% Down in 426 days
Chart of the Bitcoin Halving Analysis
Conclusion: It's a part of the process. You need to make sure your entry and exits are properly analyzed. For example, in Halving 2 and 3, the downfall started after 487 days and it continued for almost 396-426 days.
Prediction: Bitcoin will reach the $19k support level this year and that will be the best buying possible for coming years. Good Luck Everyone!
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