Facts about BTC price in next MonthsBITSTAMP:BTCUSD
I've been looking for a harmonic connection between halving dates and bitcoin price to predict next BTC price for long term. i studied some of good analysts charts and saw the price movement in some curved channel.
Thanks to Fibonacci sequence i could find some accurate connections and found below facts:
A = 1 fib. time period is ~180 days in BTC weekly chart (6months)
B= 6th Jun 2011 is the start for counting fib. time zones.
C= after each halving we have 2 major levels which one of them is the peak. it happens right at the next fib. time zone after halving *
D= first price level will be 87% of the next peak retracement (fib.). *
E= first level will be next market bottom price of next peak. this can give us the next peak !
* it exactly happened in last 2 halving with super high accuracy.
+ Green vertical lines are fib. time zones.
+ Black vertical lines are halving dates
+ Blue horizontal line are fib retracement of the main after halving wave.
this means we can see bitcoin price in November 2021 at 90000$.
Share your ideas.