Potential bottom 4k-5.5k.
Eventually 1 btc = 300k if fractal repeats.
Would match up perfectly with halving in 2020.
Halving from 2016 had a huge impact on the price.
Maybe this is why hashrate is not dropping?
Eventually 1 btc = 300k if fractal repeats.
Would match up perfectly with halving in 2020.
Halving from 2016 had a huge impact on the price.
Maybe this is why hashrate is not dropping?
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.