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Bitcoin Halving Analysis Report

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by COINS NEWS 166 Views

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!

submitted by /u/ImThour
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