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
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"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",
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