carloswm85

BTC Predicted date for new All Time High (June 2022)

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
I've calculated some simple proportions for time distances and incremented percentage price, between the 1º and the 2º halvings. Then I related the results for similar proportions between the 2º and the 3º halving.

DAYS:
First and Second halvings:
532 / 357 ≈ 1.78

Second and Third halvings:
x days for next ATH / 532 ≈ 1.78
x = 1.78 * 532 ≈ 946 days

PRICE:
First and Second halvings:
3768 % / 9016 % ≈ 0.42

Second and Third halvings:
x % increment / 3768 % ≈ 0.42
x = 0.42 * 3768 % ≈ 1582 % which is an increment to the price of USD 150,000

NOTE. This numbers make sense since the supply has been reduced to half.
Comment: I made a mistake ON the chart. It is not "June 2020", but "June 2022".

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out