Hello everyone
I love comparing charts cos it gives much sense to predict price movements on higher Time Frames. Today we'll go back to the 2016 Bitcoin halving and we shall see how price behaved pre and post halving.
News of the coming 2016 halving gained much public attention late 2015 and early 2016, however Btc remained on a stable level and didn't show any sings of pump until late May 2016 (roughly 50 days before halving of July 9th 2016).
That being said I'm expecting pumps to start brewing late January and early February, FOMO may blast around late March (roughly two months before Halving of May 14th 2020) and could reach a +14k peak that soon would lose Hype prior to the approaching halving event.
Best of luck!
I love comparing charts cos it gives much sense to predict price movements on higher Time Frames. Today we'll go back to the 2016 Bitcoin halving and we shall see how price behaved pre and post halving.
News of the coming 2016 halving gained much public attention late 2015 and early 2016, however Btc remained on a stable level and didn't show any sings of pump until late May 2016 (roughly 50 days before halving of July 9th 2016).
That being said I'm expecting pumps to start brewing late January and early February, FOMO may blast around late March (roughly two months before Halving of May 14th 2020) and could reach a +14k peak that soon would lose Hype prior to the approaching halving event.
Best of luck!