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Halvening

BITCOIN ⚒️ Miner Post Halvening Drop? 🤮Confluence of indicators had a Change of Character 👍🤪👎😬 💚 In the past, when BTC Hash Rate dropped to its 200 Day Moving Average + RSI Oversold 💁 + On Balance Volume was at Support 💁 = Excellent Buying Opportunity. 🔴 Currently, BTC Hash Rate dropped to its 200 Day Moving Average... BUT RSI Overbought and rejected at Resistance 🙅 + On Balance Volume Rejected at Resistance 🙅 = Maybe this foreshadows a miner capitulation? ℹ️ On Blockchain website Hash Rate (Raw Values) = Lower Low Miners Revenue = Major Drop in Rewards How long can these miners HODL before they need to take profits? 🚨 Although, this is posted as a Short. I am not in a short position, just holding cash, waiting for the next buying opportunity!
COINBASE:BTCUSDShort
by ChartCinema
Ethereum (ETH) & Crypto Market: BTC Halving dip then POP?!Bitcoin's 2020 halving is upon us. Let's watch as all other cryptos ride it's wave. While someone will fail to keep up, I think Ethereum is going to stick to it pretty closely. Here are some promising looking arrows that point down and up :D Could be a triangle, I don't f**king know LOL. I believe in Ethereum's blockchain technology. Watch the dip and profit on the pump up. The global COVID-19 pandemic is having unpredictable effects on the economy. Let's see how this plays out. It's going to be an interesting year.
COINBASE:ETHUSDLong
by traderman001
2
LINKUSD Bearish Setup- Wedge, TD9 sell signal, divergenceLINK has just seen a great bounce off of the resistance highlighted by the green box, coinciding with a perfect buy signal on the TD9 for 2 hour. Now it seems the bulls are exhausted as they failed to close above the previous green TD9 support. After breaking down from the triangle, highlighted in black, it now seems to be retesting that trendline perfectly, as the 1 hour candle turns pink, and we are getting hidden bearish divergence on RSI and stochs at the same time as a bearish wedge. To me this seems like an ideal sell setup with low risk and a clear target of 3.50, which is also previous support from a lot of wicks. I don't expect it to drop much lower than than due to strong support and the clear range on higher time frames, but if it does then the next resistance will likely be the green box below it. Please comment if you have any opinions about this. Good luck! Love, Etch
BINANCE:LINKUSDShort
by Etch1234
1
This will be the most brutal Bitcoin Halving in history.Production cost is about to double to $14,000. 70% above the current price. Last halving, price was just 10% below Production cost, and Price & Hash Rate collapsed -20%. Bitcoin Production Cost script just updated with the latest data: - CBECI electrical data as at 11 May 2020 - Now uses 2 week rolling data for finer granularity (while balancing TradingView load time). - Uses 4c/kWh (lower end of CBECI and Coinshares global average Mining electrical cost estimates). Without FOMO now (large price appreciation over next week), expect a big miner capitulation: 30%+ reduction in Hash Rates.
BITMEX:BTCUSD.P
by capriole_charles
33
The Halving Dump Has Started, Planning To Buy June 20It's following the idea posted in the attached chart where I looked into how BTC tends to dump out near its halving date and then recovers a few weeks later. I did a spreadsheet a while back looking at its past post-halving dump and recovery paths and the green vertical box area is where I expect it to make a good dollar cost average buying region. Previously after halvings it typically would make a Wyckoff low volume accumulation type of pattern. Basically the smart money gradually soaks up the available crypto which causes price to rise slowly with very little volume. The low volume makes it look like it's a fake rally but actually it's very bullish since all the crypto is getting absorbed by the strong hands. I think the 2 point will be possibly the last best area to buy BTC since its timing is correct and it will form a bullish reversal diamond chart pattern. I am looking for it to follow an elliot path on the Fisher momentum chart that maps out a path inside the shown fork. I plan to hold whatever I buy this summer until the end of 2021 and then sell it all. I think stock to flow will continue to be accurate on btc and there may not be any other crypto that can keep up with it, although time will tell. In the mean time while it's making its way to the 2 point I am bearish and actually have a very small short scalp position.
BITSTAMP:BTCUSD
by mljones
This Is Why The Bitcoin Is Going To Hit $300K After HalveningHi friends hope you are well. Today I'll show you the most significant move by the Bitcoin that can lead it to hit 300K. But before that I would like to show you some developments on the small time charts because these moves are interconnected with the biggest move that I'm expecting in the next one or two years. The bull flags on daily chart: As in my last article we have observed that the leading cryptocurrency is aggressively forming a different bull flag on the daily char. And in previous post we were expecting the 3rd bull flag. At that time the candlesticks were being consolidated to form the next bull flag. And now we can see that the priceline has moved up and now it is confirmed that the third bull flag has been formed. Now after reaching the $10,000 level the price action may consolidate at this level to form the next bull flag or it will move a little bit more up and then consolidate. The Bitcoin may re-test the resistance block as support: We have already seen that on the daily chart the priceline was trying to breakout the resistance block from $9,000 to $9500 level. This is the most strongest support and resistance block that the Bitcoin could breakout since after the drop off Dec 2017. Once in the month of February 2020 we have witnessed that a Bitcoin broke out this resistance block. After breaking out this resistance block the Priceline tried to retest previous resistance as support but this re-test was unsuccessful and the priceline dropped down all the way up to $4000. Now again the priceline is breaking out this resistance level. The current candlestick is opened above this block. And once the complete candlestick will be opened and closed above this bock like the priceline did this in the month of February then the first step of the breakout will be confirmed. But the final confirmation for breakout will be received when price action of BTC will retest this previous resistance as support and after a successful retest priceline will be moved up from here. Bitcoin is likely to be failed in breaking out the up channel resistance: On the daily chart the priceline has formed an up channel. That was started from 13th of March 2020. And this time the price action of BTC is trying to hit hard to break out the resistance of this channel. At this time we have the 3rd candlestick that is hitting at the resistance to have a breakout. Before this we had candlestick of 30th April that was reached up to $9,485 at the resistance of the channel for the breakout. Then the price action reached at $10,000 level on 7th and 8th May 2020. And now there was a strong hope that the priceline will break out the resistance. But again the price action is likely to be consolidated at this level. Now there are two possibilities that the priceline may form a bull flag at this level and move up to break out the resistance or move down again to re-test the support of this channel that is almost at $8,500. This combination of indicators can give us best signal for bearish move: As in my previous post I told you that I am using the combination of three indicators to watch the bullish and bearish trend of BTC on daily chart. 1st: Vervorrt heikin-ashi long-term candlestick oscillator. 2nd: MACD custom indicator multiple time frame , this is the same MACD indicators that we use normally but this indicator shows the buying and sell signals with crosses. 3rd: Stochastic indicator. Ater placing these three indicators I came to know that since October 2019 the Bitcoin is following a certain pattern for the correction rally or bearish move.The Vervorrt heikin-ashi long-term candlestick oscillator is a powerful indicator that shows whether the priceline is in bullish or bearish trend . When it turns green it means that we are in bullish trend and when it turns in red color then it means that we are in bearish trend . Now after observing closer the daily chart it can be seen that whenever this vervoort indicator turns green then the MACD indicator 1st gives the sell signal and then again it gives buy signal and again it gives sell signal and on this third sell signal if the stochastic also gives the bear cross then the leading cryptocurrency turns bearish and starts the bearish move. It can be witnessed form 24th of October to 25th of November 2019. Then from 23rd of Jan up to 13th of March 2020. And if we see the current situation then the vervoort is again in green color and giving indication that we are in bullish trend , and the MACD has given a sell signal and after that we have received the buying signal and at this time the MACD has turned weak bullish so its mean that it is turning bearish. Once it will give a complete sell signal with stochastic bear cross then we can expect that the BTC will again repeat the same move and start a bearish rally. The down channel on long term: On the long term weekly chart the Bitcoin has formed a down channel and at this time the price action of BTC is trying to breakout the resistance of this channel. Once the bearish move will be started then the Bitcoin can retest the 100 simple moving average support at $7100, or the 200 simple moving average support is at $5700. But in my opinion if the price action will be dropped from here then first it will retest the support of an up channel that has been formed on the daily chart and that support is around at $8500 once that support will be broken down then we can expect the further downward move upto 100 SMA and then 200 simple moving average on the weekly chart. The most significant signal is going to be appeared soon that can lead the BTC price to 300K: Now I want to show you the most significant signal that is going to be appeared after the Bitcoin halving that can lead the BTC price upto $30000. For better understanding we need to see the history of this signal so let's move back to the first Bitcoin halving event in 2012. The Bitcoin halvening 2012: For this purpose I have used long term weekly chart and placed the four simple moving averages with the time period of 25, 50, 100, and 200. In 2012 the 100 and 200 simple moving averages were not available therefore we will find this signal using only 25 and 50 SMAs, then we can see that just before the Bitcoin halving the 25 simple moving average form the golden cross with 50 simple moving average then after the Bitcoin halving we had the strong supports these two SMAs. Further in July 2013 the 100 simple moving average was also appeared below the 25 and 50 simple moving averages. Here we had a complete a opened alligator mouth formed by these three simple moving averages. And all these SMAs lifted the price action up very aggressively and the Bitcoin started more than 10000% bullish rally and produced ROI (return on investment) with 1 : 10K ratio within one year. The Bitcoin halvening 2016: Now let's move forward to the next halvening event in the year of 2016. Then we can see that just before the halvening the simple moving averages formed an opened alligator’s mouth for forming goden crosses with each other, as we can see that the 200 smple moving average was below all other simple moving averages then 100 moving average was above 200 moving average, then the 50 SMA was above the 100 SMA and the smallest moving average with the time period of 25 was above all four SMAs. And after halvening all these simple moving averages lifted the Bitcoin up very aggressively and the price line of BTC produced more than 3000% return on investment ratio within one and a half year. The Bitcoin halvening 2020: Now when almost three days are left in the 2020 halvening event then we can observe that almost an opened alligator mouth by these four simple moving averages is formed. Only the golden cross between 25 and 50 moving averages is due. Once the smallest moving average with the time period of 25 will cross up the 50 simple moving average then we will have the order of these moving averages like 25 simple moving average above all then we will have the 50 SMA below the 25 after that we will have the 100 simple moving average below 50 and the 200 SMA will be below all other SMAs. Then a complete opened alligator mouth will be formed and after completion of this alligator mouth we can expect a really very powerful bullish rally that can be continued for next two years. If we compare the ROI ratio that was produced in the after 2016 halvening then it is 70% less than the ROI ratio that was produced after the halvening of 2012. As we have seen that in 2012 the return on investment ratio was more than 10000%. Now in order have an estimate the next ROI ratio we can expect 70% less ROI than the ROI after halvening of 2016. And in my point of view that will be very conservative approach. And in this way the next return on investment ratio would be e 1000%. Its mean that Bitcoin can easily hit $100,000. But it is also possible that the Bitcoin will produce up to 3000% rally as it has already produced after the previous halvening of 2016. And it this time it will be difficult for the moving averages to form a complete opened alligator mouth before the halving event. Because one candlestick is representing one week and there are only approximately 3 days are left in the next halving event. However it doesn't matter whether this alligator mouth will be oepened before the halvening or after. Whenever it will be formed it will produce a very powerful gleefully that can be continued for atleast next two years. Conclusion: On the daily time period chart if the price line of BTC will not break out the up channel and we will receive strong bearish signal by the MACD indicator then there are strong chances that the price action may start a correction rally, however on the long term the Bitcoin will be remain bullish and after having event it can turn more strong bullish.
BITSTAMP:BTCUSDLong
by moon333
4
BTC - At Resistance | Getting ready to go higher?After yesterday's rise, bitcoin is floating near range high at $9400. For shorts - $9400 level looks like a good place to place asks, but considering the price is holding well and multiple tests of this level, I wouldn't short from here. For longs - $9100 looks like a good level for crazy fast long scalps. Less risky - $8550 area as previously mentioned, but there are all the chances that we did not get here until Halving. Hit the "LIKE" button and follow to support, thank you. Information is just for educational purposes, never financial advice. Always do your own research.
BITMEX:BTCUSD.P
by Bitduke
Digibyte Correction or Breakout? Ideas Before HalveningCurrently Digibyte has been having a very healthy Run, I am now discussing options and beginning to short some of my trades. -- Digibyte may in fact be a large player after the bitcoin halvening and has come to be a coin I will definitely be keeping an eye on. I believe we will not pass the previous wave and will begin to correct down to a sober 90Sats, with a more hopeful mindset around 100-140, I'm going to begin accumulation around 180 sats but buying big closer to 160 to play safe. Altcoins can act very erratic in times like these, as we go down and get ready for the halvening behaviour, for the next 6-12days. -- This is a very socialy constructed ideology of market movements and is by no means financial advice. Exciting Times
Short
by Karnicle
4
BTC - 38.2% Fib Level - Halvening to Push Price Past Resistance?Quick update on BTC. We are currently sitting on the 38.2% fib retracement from the 2018 highs, this area also coincides with overhead resistance in the form of an expanding wedge (i.e. the trend lines are like an inside out typical wedge pattern). Should we get a strong weekly close above this area of resistance then the next major target would be the 50% retracement, where, surprise, surprise the last rally stalled at. Should price move beyond the 61.8% retracement, then it is my belief that you could see a VERY fast move towards prior highs (potentially stalling at the 78.6% level). The latest move off the spike lows (which i identified as such in my earlier piece), has been accompanied with strong supporting volume, this is a very strong sign that the move has some legs. The driver of this move is likely two fold; 1) The SEVERE spike low to $3,800 due to margin calls (i expected a retest of these lows ON THE CONDITION that stocks also went belly up, this did not eventuate, therefore there was no external rush on dollars, instead there was a rapid short squeeze) 2) The halvening, this is clearly a massive driver of sentiment, i will take this chance to caution new comers to the space. The halvening IS a major driver of price, but do not expect the price to reflect this on the day, in fact expect the media to call it a "nothing-burger" when the price does very little in the immediate time after the halvening takes place. Yes the 2020 halvening will likely be different, but i would not be surprised to see a bit of "buy the rumor, sell the fact" after the halvening. To sum up. ~ Look for a strong WEEKLY close above the 38.2% retracement to confirm this latest move higher. ~ The effect of the halvening is usually not felt immediately, be patient and don't let the media or pundits shake you out in the days/weeks following the halvening. -TradingEdge
BITSTAMP:BTCUSDLong
by Profit_Link
Pre halvening breakout resistance and supportsAs we are approaching the halvening, the lowering of corona lockdowns around the world and another FOMC meeting today, we can see some movements in the Crypto markets, while traditional indices are still calm. Bitcoin and Ethereum going moon The bullish case: We now have a nice breakout above the 0.618 Fibonacci retracement and this 'moving average cluster' (100, 200 MA & 200 EMA) on the daily interval. If we close the day above we may see another pump and i see a strong resistance around 9200, where we have the 0.786 Fibonnacci, the Weekly R3 & the Monthly R1 Pivot point close together. The bearish case: If we watch the TD sequencial we can see some uptrends from the recent low ending in a pumping green 7 and going flat until the 9. Now we are at a pumping green 7 again so we maybe going flat here again. If we correct here the support levels to watch are 7450 at the weekly pivot, 7090 at weekly S1 and than we have a strong support cluster around 6250 to 6440 with the 0.382 Fib, weekly S2 and Monthly Pivot point.The most extreme case i would see around 5250 with the 0.236 Fibonacci retracement level . What do you guys think? Good luck & Have fun
BITMEX:BTCUSD.P
by Simon-Rose
1
Bitcoin Levels April 2020Bitcoin is currently standing between the weekly open and monthly open levels. Quick analysis of the levels anticipates the following levels: March Open - 8523 April Open - 6412 Weekly Open (20 Apr '20) - 7121 Yearly Open - 7195 BINANCE:BTCUSDT In case of a candle close above 7450 - 7500 it is quite certain to expect the next zone at 7600 - 8100 to act as resistance. With 17 days before the halvening on the Bitcoin block reward, we might expect volatility on both sides. Let's see how we progress. Eyes on the prize!
by Bimbo_Capital
Bitcoin pre/post halving behaviourThis chart shows us the Bitcoin pre & post halving behaviour prediction. Right now Bitcoin is sitting on a support trendline and could re-test previous resistance levels. First it should break "key resistance" so the bulls could place their orders more confidently. And after that we have a major resistance which could be eventually broken too (due pre halving hopium) After that the price could react to "sell the news" because closer we are to halving event, the more media coverage will get. And for that, big players could dump the price to them. Right after the halving event we could see some sell off, some miners will be obligated to sell instantly to cover all expenses, many could go out of business. But the big ones will have to support the price afterwords so the levels would be still near profitable, just to shake out the competiton and not to screw themselves with lowering price too much. So after that shakeout we could see a fast climb toward 9k level, where is also a huge cme gap. Let see how the events will develop. Share your ideas regarding pre / post halving !
BITSTAMP:BTCUSD
by bloodgood
7
Bitcoin Halving - Past, Present & FutureBitcoin Halving Analysis & Predictions So, in this analysis we're going to try to predict the price of Bitcoin against the US Dollar for around the 12 May (on the 3rd Bitcoin Halving Event!). We're also going to try and predict the future price of this asset through to the 4th halving event in 2024 - these predictions are based on chart analysis of BTCUSD from 2012-Present. We're big fans of clean charts with easy to read indicators on technical analysis - so we've tried to make this as easy to understand as we can for you all, both visually and written down. Let's assume you know at least a little bit about Bitcoin, and the technology behind it; but what's the halving event everyone's talking about? What's this got to do with Mining? Why would this affect the price? Let's go through a few things before we dive into the analysis... What is Bitcoin Mining? Mining Bitcoin is essentially using special hardware/software to solve math problems which, in turn, approves and adds records or transactions to Bitcoin's public ledger (or block chain). This block chain confirms the transactions to have taken place to the rest of the network. Miners are rewarded for their efforts in Bitcoin which provides a safe, logical and fair way for the currency to be distributed, and also adds a pretty good incentive for people to mine themselves. What is a Halving Event? We know that miners are rewarded for their computational efforts with Bitcoin, but how much do they get, and how often? Well, miners are rewarded a certain amount of Bitcoin once a "block" is produced (approx every 10mins). Before the first halving of Bitcoin miners would be rewarded 50 Bitcoins per block. This reward will half on every halving event, which is after every 210,000 blocks are mined (approx every 4 years). So after the first halving, miners were rewarded 25 BTC per block, right now it's 12.5 BTC, sometime in the middle of May this year it will be reduced again after the halving to 6.25 BTC per block. Why Do This at all? The idea is that over time, the amount of Bitcoins issued will decline and would therefore become more sparse as a whole. This would mean (given equal or increasing demand) that the price is going to rise. This is opposed to fiat currencies like USD or EUR which inflate over time as supply increases (more money gets printed), which would lead to a decrease in it's intrinsic value, thus pushing general prices higher (known as De-Basement by Inflation). That was a lot to take in, but now you've got an idea what's going on in the Bitcoin Block Chain world. -if we've explained it properly! Let's move onto actually looking at the chart! After reaching a new all time high of $30 in the middle of 2011, Bitcoin retraced back down to just a few dollars (losing ~90%) followed by an upward burst re-gaining about half of it's previous losses; this is where Bitcoin's first halving happened. After this halving, as you can see, the price explodes upward gaining 9000% throughout 2013, stopping only momentarily on it's way to it's peak of $1150, before a long 2-year consolidation. (We shouldn't really call it a consolidation - it was a 2-year trading period with some amazing trades to be made - but that's a different article!) During the aforementioned period we witnessed a low of $150 before a creep up to the second halving where it was trading at $650. This provides us with some interesting numbers, let's take a look at what we know so far... Note - all figures have been rounded for clarity - the actual results would differ slightly but the idea and point being made would remain the same. 1st High - $30 1st Low - $3 (10% of high) 1st Halving - $12.50 (+300% from swing low AND about half of ATH) 2nd High - $1150 (+9000%) 2nd Low - $150 (13% of high) 2nd Halving - $650 (330% from swing low AND about half of ATH) 3rd High - $20000 (3000%) 3rd Low - $3000 (15% of high) Prediction - 3rd Halving - $10,000 (half of ATH) to $12,000 (+300% from swing low) It's quite a statement - to get from where it is currently ($7000) up to $10,000 - $12,000 within 4 weeks seems completely un-reasonable, and yet, stranger things have happened in the crazy world of crypto! So, that's our prediction for where Bitcoin will be in about 4 weeks from now (middle of May) when the 3rd Bitcoin Halving occurs - What do you think? Onto our future predictions for Bitcoin going forward to the fourth halving event, this is a long way off so speculation based on extrapolation and past performance is all anyone has to work with. We're thinking if our prediction is correct for $12,000 in mid May 2020 there will have to be a period of consolidation following on shortly from the halving, possibly lasting anywhere from a few weeks to a few months, with the price lingering between $10,000 to $20,000. Sometime in the last quarter of 2020 there will be an explosion upward, the one we've all been waiting for, the move that's widely predicted to reach highs of $100,000+. We don't disagree with this sentiment either, from a technical analysis perspective the indications show exactly that; we're predicting highs of a little less than $100,000, maybe between $85,000 to $95,000. We should say, although the "move" may begin sometime in 2020, it may not reach it's potential (or it's target ;)) until 2021, 2022 or even later! This article should not be taken as trading advice per se , but as some guidance on what could happen if 2 things are true; the first one being that technical analysis has a basis in trading successfully, and can indeed help to "predict" the future. The second being that history repeats itself, we all know the phrase and we're sure lots of people (including us) believe it to be generally true, let's find out in a few weeks, and again in a year or so! The world of trading Crypto currencies can be dangerous, illogical, frustrating, un-predictable and very much profitable with the right knowledge and experience. Good Luck & Happy Trading
BITSTAMP:BTCUSD
by theCrypster
6
Bitcoin two logical scenariosSo many different opinions right now. How to decide what to do? We are in so called no-trade zone, impossible to predict the next movement. Rise or fall, nobody really knows. Majority of laverage positions were REKT already, more to come, I'm sure about that. So as a trader, back off & observe the situation. Whitin a week or two the new support and resistance levels will appear and it will be clearer how to trade. But as an investor, for me this is a big opportunity to accomulate. It is possible yes, that bitcoin falls to 3k level, uncertanty in the global markets is huge. It is also possible that we already touched the bottom, because many investors jumped in that crash and bought their fair share. One thing is clear, and has to be clear to everyone. After halvening event the price can't sustain under 5k. Just can't. It will cost more to mine / produce one Bitcoin. Simple logic. Miners can't operate if the ROI is negative. And Bitcoin can't exist without miners. The supply after halvening will fall drastically and with same demand as we have now, well that's pretty logic what that means. No other rule indicator is more important that the core workers of the blockchain network and their business model - ROI.
BITSTAMP:BTCUSD
by bloodgood
23
Projection for Bitcoin before/during/after the Halving.Very simple analysis of what btc has been doing in the lead up to the previous 2 halvings and a projection based on my findings. notice that after the first halving btc went up by 9200% and after the second "only" by 3200%. which would be roughly a third. i understand that Bitcoin halvings have not occurred often enough to gather any real data. therefore i have projected based on the "thirdening" that in the next bullrun after the halvening BTC will rise by "only" aprox 1000%. This puts it in the 100K range at the end of 2021. in the time leading up to the halving i have projected price to be around 12K at the time of halving. This is based on the percentage increase btc has made in the previous run-ups to halvings. going up by 393% in the first and 412% in the second. notice! I am not a professional and none of this is financial advice. I merely found a pattern, that does not mean that this pattern has any validity and will continue. because this is a pattern that (imo) could be spotted from outer space, there is a great chance someone else has seen it too and/or posted about it. that does not make this "stolen" nor does it make any future posts from others "stolen"from my ideas. have fun
BITSTAMP:BTCUSDLong
by Ajdincehic
Trading Edge 2020 Portfolio -Trade #6 - LTC - 1st Crypto PlayTicker: LTC/USD Position: - Long 15X LTC - Buy up to $82.00 - Exit = 2 closes below weekly 21 ema - Initial target = $100 - Will look to sell a portion of the position when possible to make this a riskless trade (will consider this at 33% gain) Rationale: - Bullish moving average cross over - Bullish MACD cross over is occurring - Trend has shifted to bullish and there appears to be good potential upside after this most recent pullback - The crypto market is getting very close to the Bitcoin halvening, and my analysis has shown that LTC is currently more undervalued relative to Bitcoin, this gives some good exposure to the space without going into the extremely volatile end of the spectrum (i.e. small cap altcoins) -TradingEdge
KRAKEN:LTCUSDLong
by Profit_Link
Bitcoin before and after halvening behaviourOnce again we are checking to logarithmic Bitcoin chart. We see two mayor resistance lines. Once was broken in the middle of 2019 spring which brought us significant price surge and the second resistance that holds from 2017 still holds. I think bitcoin will retest that RL again and probably won't brake it. Not just yet. So we can see a slight drop to a most important resistance level which holds also from 2017 till now. After halvening event daily supply will fall in I think that this will give the necesary push to Bitcoin to finally break the 2017 resistance. Let's see if bitcoin will follow my idea.
GEMINI:BTCUSD
by bloodgood
2