This is why Bitcoin block halving is one of the most important events on Bitcoin for me.
It's really proven since the first block halving, the chart is the example. It shows that there's not always UP for Bitcoin.
Another thing is I am curious if this will be the same in the future? Like after more block halvings because we all know block halvings are approximately every 4 years, so we are not sure the price in the future it could be higher than now or below with significant huge change OR another thing is the volume (could significant increase very huge or vice versa).
It's really proven since the first block halving, the chart is the example. It shows that there's not always UP for Bitcoin.
Another thing is I am curious if this will be the same in the future? Like after more block halvings because we all know block halvings are approximately every 4 years, so we are not sure the price in the future it could be higher than now or below with significant huge change OR another thing is the volume (could significant increase very huge or vice versa).
The analysis is good and directional to the expectation of what movement that RSI has done in the past. Well I observe that there has been progressional move from 2011 around the halving and now in this coming halving, we don't expect any thing below the last halving calculation for RSI.
Let's see how it plays in the future.
