After the halving which is represented with the last blue dot 🔵 The price of bitcoin ...

in hive-142013 •  4 years ago 

... slowly started to rise because now miners receive less bitcoins per block mined, so they create less sell pressure...
Now we have already the second red dot 🔴
Soon more red dots and orange dots will appear so mathematically talking the price should start rising ⚡️🚀

-it’s simple offer and demand, same amount of people buy bitcoin than before halving but there are only half so many Bitcoins in circulation and this automatically pushes the price of bitcoin up ;)

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Informative! Need more analysis like this.. Lot of thing to learn for the people like me 🙂

Gonna share more like this one, down worry buddy ;) once at week at least 🤜🏻🔥🤛🏻

STF (stock to flow) charts - my favorite.

Yes S2F are also my favorite. They base themselves just in simple mathematic and without to much hokus pokus 🌀🔮