Hey traders, in this chart we highlighted the halving effect observing the the time to major ATHs after the halving event.
After first halving on chart we could see it took bitcoin about 500 Days to reach an all time high of about $1000.
After second halving same thing repeated we had another 500> days to hit an ATH of $20,000
Currently we sitting on the third halving and just est. 200days after last halving event, inasmuch as i believe
we will surpass previous ATH of $20,000 before year end and a possible hit of $30,000 by January 2021
My expectations for a new ATH will be by next Autumn/Winter come September to December 2021.
Do share your thoughts and let me know what you think.
After first halving on chart we could see it took bitcoin about 500 Days to reach an all time high of about $1000.
After second halving same thing repeated we had another 500> days to hit an ATH of $20,000
Currently we sitting on the third halving and just est. 200days after last halving event, inasmuch as i believe
we will surpass previous ATH of $20,000 before year end and a possible hit of $30,000 by January 2021
My expectations for a new ATH will be by next Autumn/Winter come September to December 2021.
Do share your thoughts and let me know what you think.
