BTCUSD: Logirthmic Curve & Network Growth : $100K in 2021?
Diupdate
Logirthmic Growth Curve and Bitcoin Network Hash Rate perspective; long-term bullish and very much on track.
Previous cycle extrapolation points to new ATH in March/June 2021, followed by 100K by December 2021.
Ie 6-9 months to new ATH, 12 months to 50K and 18 months until new top around 100K.
Flags & golden bars represent halvings. Buy signals indicate network is continuing to grow.
Buy the growth, long the net
Hash Ribbons Buy Signals 2016-2020 Extrapolation
Previous cycle extrapolation points to new ATH in March/June 2021, followed by 100K by December 2021.
Ie 6-9 months to new ATH, 12 months to 50K and 18 months until new top around 100K.
Flags & golden bars represent halvings. Buy signals indicate network is continuing to grow.
Buy the growth, long the net
Hash Ribbons Buy Signals 2016-2020 Extrapolation
Catatan
On the Daily time-frame at least, this signals has always confirmed after hash rate recovery usually within a few days days. The exceptions to the rule was after the second halving in 2016, which was delayed by around 10 days, as well as 2015, that took 4 weeks to confirm.Most notable all 11 buy signals (blue) have appeared within a month of recovery in hash rate (green), followed by making new hash rate ATH within a short number of days. It's hard not to see the obvious nature of the similarities between these halvings, price aside. To me it therefore seems any dips will be well-defended as the next bullish cycle for Bitcoin will be ready.
2012 - First Halving
2016 - Second Halving
2020 - Third Halving
Source:: bitcointalk.org/index.php?topic=5255531.msg54704019
Trade aktif
Still on target
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.