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Let's take a look at coins behaviour before and after halving. In this idea I will consider
BTC and 
LTC charts. As you know, Litecoin's halving has already happened, while Bitcoin's halving is going to happen in May 2020.
We can see thatLTC broke through the down-trend resistance ±4 months before the halving and then the price reached the TOP point 1.5 months before the event. Down-trend started one month before halving and during the event, LTC has already been moving inside the down-trend. Many people expected the down-trend to start right after the halving, but it happened earlier.
Well, let's back to $BTC. Down-trend was already broken and the asset is currently located in up-trend. #BITCOIN still has much time before the halving (approx. 90 days), which means that the next couple of months will be green for $BTC. The target point for this growth was mentioned randomly, it can be $12,000 - $15,000 or even $17,000. Depends on how much fresh blood will enter the market.
Hope you liked this article and if you do - just like & comment ^^
Let's take a look at coins behaviour before and after halving. In this idea I will consider
BTC and LTC charts. As you know, Litecoin's halving has already happened, while Bitcoin's halving is going to happen in May 2020.We can see that
LTC broke through the down-trend resistance ±4 months before the halving and then the price reached the TOP point 1.5 months before the event. Down-trend started one month before halving and during the event, LTC has already been moving inside the down-trend. Many people expected the down-trend to start right after the halving, but it happened earlier. Well, let's back to $BTC. Down-trend was already broken and the asset is currently located in up-trend. #BITCOIN still has much time before the halving (approx. 90 days), which means that the next couple of months will be green for $BTC. The target point for this growth was mentioned randomly, it can be $12,000 - $15,000 or even $17,000. Depends on how much fresh blood will enter the market.
Hope you liked this article and if you do - just like & comment ^^
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Join My Telegram Free Channel t.me/kimoncrypto
Join Bybit today with my Ref. Link:
goo-gl.su/AQ8XQ
Join Bybit today with my Ref. Link:
goo-gl.su/AQ8XQ
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。