dilutionproof on Nostr: So far, the bitcoin price the same dance every halving cycle (~4 years) 💃🕺 ...
So far, the bitcoin price the same dance every halving cycle (~4 years) 💃🕺
After the block subsidy halves, price rises gradually and then suddenly during the first ~1-1,5 years, then cools down and bottoms below the realized price ~1 year later and consolidates above it during the remainder of the cycle 🔄
We are now at that latter part of the cycle 👀
Next halving is estimated to occur in just over a year (~April 23rd, 2024) 🗓️
Published at
2023-03-01 20:36:54Event JSON
{
"id": "b31ca89a800f3dee88d6ecdf3b945c37f8fae9a6c24437315271ff98bd123064",
"pubkey": "5fe7beae6114c156c8c487f32cd155f5b9be16eef5a291821a05fd9793a98dad",
"created_at": 1677703014,
"kind": 1,
"tags": [],
"content": "So far, the bitcoin price the same dance every halving cycle (~4 years) 💃🕺\n\nAfter the block subsidy halves, price rises gradually and then suddenly during the first ~1-1,5 years, then cools down and bottoms below the realized price ~1 year later and consolidates above it during the remainder of the cycle 🔄\n\nWe are now at that latter part of the cycle 👀\n\nNext halving is estimated to occur in just over a year (~April 23rd, 2024) 🗓️\n\nhttps://nostr.build/i/nostr.build_78b3ed0d2d64bcec08149c5edb566a3b92205bf77153731c00b26c71c586fd2a.png",
"sig": "c2a4e60694aee13b3944e1c352818060d8e336f7ca4362f5a880d1f06f89a323df67599f38d4bec2bff470dae2518a8868960aaf22042e95129d8415c2bc0f99"
}
