We are now roughly 7 months away from bitcoin's next halving
We have seen a steady rice in prices during the 12 months surrounding the halvings historically.
Then, we see a parabolic move up shortly after the halving takes place.
Something like this:
(Source: ~~~ embed:1180468239165472768) twitter metadata:RnJhY3RhbHdhdGNofHxodHRwczovL3R3aXR0ZXIuY29tL0ZyYWN0YWx3YXRjaC9zdGF0dXMvMTE4MDQ2ODIzOTE2NTQ3Mjc2OCl8 ~~~
What do you think, will we see it happen again?
I am hoping yes, but prices have never been this high and it takes more and more money coming in to push prices at these levels.
So, I am hopeful, but nothing in life is guaranteed.
Well, almost nothing, taxes and death are pretty close. :)
I agree, we need more volume... Since June volume has been steadily declining and the only pumps we are witnessing is just the same money being moved between alts and BTC. Good post
Yep. We need fresh blood.