BitcoinLong
BTC - Why 500k is not insane. Bitcoin Halving Map + Projections
I decided to play with a visual representation of the halving history, and then project it. Just for fun.
Measuring from the rock bottoms before halvings, and up to the tops after, with percentage gains and elapsed times.
And then the corrections after tops, the loss percentages and time to rock bottom again... roughly 85% loss both cycles
The approximate halving points are the blue vertical lines. Peaks are green verticals.
Considering the peaks all are Novemberish... I projected the next one to be around that time in 2021.
My projection for percentage gain is somewhat arbitrary, and I've kept it close to the previous cycle, but with a little more oomph.
But I kept it much more conservative than the first cycle... even though I have no solid reasons for doing so.
It could gain less than the previous, but looking at the FIRST cycle gains, it could gain quite a bit more than 15,000%.
Of course, "past performance no guaranty of future" blah blah blah... but this is hella fun to play with regardless.
If the pattern stays anywhere near the previous cycles... it's gonna be EPIC!
Moon boys will literally shit themselves with joy and lambos will be back ordered for years.
Also thinking once it clears and holds over 20k again... the pile on is gonna be major. Thus the wee extra oomph in my % projection.
Whats really craze balls is another 85% drop after the projected peak brings it back down into the 85k range!
Moon boys will shit themselves in fear!
I of course have a map now, so I'm all prepared! Kinda. Maybe. Somewhat. Sorta.
Time will tell, eh? Love to know what you think.
Cheers!
Measuring from the rock bottoms before halvings, and up to the tops after, with percentage gains and elapsed times.
And then the corrections after tops, the loss percentages and time to rock bottom again... roughly 85% loss both cycles
The approximate halving points are the blue vertical lines. Peaks are green verticals.
Considering the peaks all are Novemberish... I projected the next one to be around that time in 2021.
My projection for percentage gain is somewhat arbitrary, and I've kept it close to the previous cycle, but with a little more oomph.
But I kept it much more conservative than the first cycle... even though I have no solid reasons for doing so.
It could gain less than the previous, but looking at the FIRST cycle gains, it could gain quite a bit more than 15,000%.
Of course, "past performance no guaranty of future" blah blah blah... but this is hella fun to play with regardless.
If the pattern stays anywhere near the previous cycles... it's gonna be EPIC!
Moon boys will literally shit themselves with joy and lambos will be back ordered for years.
Also thinking once it clears and holds over 20k again... the pile on is gonna be major. Thus the wee extra oomph in my % projection.
Whats really craze balls is another 85% drop after the projected peak brings it back down into the 85k range!
Moon boys will shit themselves in fear!
I of course have a map now, so I'm all prepared! Kinda. Maybe. Somewhat. Sorta.
Time will tell, eh? Love to know what you think.
Cheers!
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