Bitcoin Price Post Halving Starts To Align With 2016 Bull Run…
Bitcoin is right around $9,250 right now…it seems that post halving patterns are repeating and we should be seeing some action with the Bitcoin price real soon now…Bring on the bull run!!!
BTC Price Post Halving Starts to Align With 2016 Bull Run
“The dots represent price increases since the previous halving and show how quick past cycles were. The market cycles appear to be extending, as pointed out by Tyler Durden.
‘Fascinating to look at the cycles laid out like that and reaffirms my belief that this next bull market will take years to play out and be less volatile.’
The devaluation of fiat, and global macroeconomic crisis this time around could have a larger impact on the price of BTC and its next bull run. But on the other hand, with less money about, there may well be less to invest this time, lengthening that cycle even further.
In a related post, ‘Plan B’ polled his over 116k twitter followers about their views on when BTC will reach a new all-time high,
‘Do you think #bitcoin price will be above last All Time High (20K) next 12-18 months?’
With over 13,000 respondents at the time of writing, the overwhelming majority of around 70% voted yes for a new ATH above the previous in the next year to year and a half.”