If the trend continues, the next post halving dip should be to $100k...

in bitcoin •  2 years ago 

Let that sink in a little bit...

If bitcoin continues to follow the trend it's been on since it was created you can expect it to have a major dip after it's next halving...

The interesting thing is that this dip will be to about $100k or so.

Check out the trend:

image.png

(Source: https://twitter.com/CrypToomas/status/1513811759974465537/photo/1)

Bitcoin has never broken the prior high of the halving cycle, which was $20k prior to the current cycle.

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Hard to imagine.

Weird to think it's going that high.

We can't even hold 39k

price just goes lower and lower

seems hard to believe

If the price can't go up here, why up later.

think things get boring for a long time now

think the bear is here

likely to push down towards $30k I think

probably lower

think we bottom somewhere between 20k-28k during this cycle.

down down down

until we get all the sellers out

then we can go up again

bull markets are much more fun

up is more fun

the bull will come again when next halving is here

march 2024 is the day to watch

the month to watch