BITCOIN - HALVING IMPACT STUDY TO FORECAST THE TOP: 70K USD!

Hi Criptotraders,

This is a study, based on the halvings along with the Bitcoin History.

The 1st halving was on Nov/12

. We had 12 months bullish and a bullish momentum of 11633%
.After this, we sank into 13 Months of Bearish Market that led us to the bottom, something near 85%.

Second Halving was on Jul/16


.Bitcoin had 17 months bullish and a bullish momentum of 3012%.
.The bear market also had the same duration, 13 Months, and almost 79% correction.

Third Halving was on May/20

. We are on the 9th month of the bullish market, but, If we take the last movement as a way to estimate how long can we have the bull market, We still may have at least 1-2 months of bullish momentum.
. Regarding the Price, I took the same proportion that we had between the first halving vs the second halving... So, I'm being conservative, But I think we can reach somewhere near U$70- U$75k USD.

SO, the Top of our movement can be U$70-75k USD and after this, We can expect some bearish months (at least 12 months), and If We have an 80% correction the bottom can be near U$12- U$15k USD.


I also assume that the EMA200 on the Weekly chart is the best guide for the bottom on the next bear market.

Be prepared, and enjoy the ride.

- Tasso Lago
Financial Move Asset Manager.