Long

ESTIMATED BTC HALVING POINT = 2024-03. Perhaps 2023 increase.

By day0

Updated

ESTIMATED BTC HALVING POINT = 2024-03. There may be an increase from 2023-03 to 2024-06.

Note

2021-08 to 2021-12 is a possible decline period.

Note

Past 8 months = Bearish Head & Shoulders

Note

Mid-month weekday-start (first weekday after the 15 th of the month) data is currently reflecting... 2021-10 = relatively flat. 2021-11 = decline. 2021-12 = increase. 2022-01 = relatively flat. 2022-12 = increase.

Note

The white lines are the BTC halving cycles. It appears that BTC may peak around 9-11 to 10-10 of 2021; based off of the past distance from the halving cycles. The M-shaped curve may see a second peak of around 51k to 76k with a midpoint of around 66.6k.

BTC may peak by October 1, 2021 - halving cycles marked

Note

This chart is easier to see:

Alternative view of the BTC halving cycles with estimated peaks

Note

BTC is likely to decline over the next 12 months. However, after an estimate 2022-09-11 date, it is very likely to being increasing based off off the extended long-run historical data and trend.

day0

Disclaimer

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.