Bitcoin 4 year cycle
Bitcoin has a 4 year cycle based on the bitcoin halving. Also Bitcoin has a "production cost" based on what hardware and electricity costs for the miners.
So my indicators are based on a 4 year average and what this Script from Capriole Investment means what the cost in dollar should be in average to "produce one Bitcoin".
As long as there is usage and demand of bitcoin it should follow this 4 year cycle. But as always no guarantee and now financial advise.
So my indicators are based on a 4 year average and what this Script from Capriole Investment means what the cost in dollar should be in average to "produce one Bitcoin".
As long as there is usage and demand of bitcoin it should follow this 4 year cycle. But as always no guarantee and now financial advise.
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