Scenario: 1. The 2014-2017 cycle repeats itself from 2018-2022. 2. Market will stay bearish until 2019 and will start to turn bullish again in 2020. 3. Prior to the halving event in June 2020, there will be a lot of buying volume. 4. After the halving event, the price will cool down and will lose momentum. 5. A few months after the halving event, the price will start to gain rapidly again. 6. In 2021 and 2022 the price will test the old ATH and will set new ATHs, while going parabolic again.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.