Topic: Bitcoin Halving and price - page 2. (Read 327 times)
If the BTC is halved, it will definitely promote the price. The price may increase by 80% to 100%, and the market heat will also follow.
Here's an interesting price prediction that uses an approach based on the halving principle:
https://www.tradingview.com/chart/BLX/oKh54NhX-Bitcoin-Halving-and-Charting/
The Bitcoin network issues new coins every 10 minutes, but the amount issued is cut in half every 4 years. It started at 50, went to 25 in 2012, and is now at 12.5 new coins every 10 minutes.
This guy's prediction is based on that principle. He takes a logarithmic approach (which is why the chart looks different from what you usually see) and a statistical analysis (which I don't know much about)
What do you guys think?
https://www.tradingview.com/chart/BLX/oKh54NhX-Bitcoin-Halving-and-Charting/
The Bitcoin network issues new coins every 10 minutes, but the amount issued is cut in half every 4 years. It started at 50, went to 25 in 2012, and is now at 12.5 new coins every 10 minutes.
This guy's prediction is based on that principle. He takes a logarithmic approach (which is why the chart looks different from what you usually see) and a statistical analysis (which I don't know much about)
What do you guys think?
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