there is something wrong about the Pump
usually Prices goes up after the Halving and Not before right?
wrong and wrong.
this is not a pump and price has always gone up before the halving, dropped right before halving (meaning a week or so to halving), stayed down a while through halving and then rose again in about a month.
first halving 2012-11-28:accumulation ends and price rise starts from about May from ~$4 and reaches $16.41 (310% rise)
has its first correction for about two weeks
then starts rising back up from $7.1 in August (4 months before halving) and goes to ~$14 (97% rise) until the week of halving
in the final week price stops and drops down to $12.75 (~9% drop)
stays down for a month then the bubble cycle begins and price reaches the third big bitcoin bubble in about a year at $259
second halving 2016-07-09:the start is a bit different this time but the halving rise is identical.
accumulation is longer and happens in previous year so i skip that and the correction.
the rising back up starts about 5 months before halving from a dip in $360 and price rises back up to $778 (116% rise) until 2.5 weeks before halving.
there is a big drop, lots of FUD and a lot of panic sell that ends up taking about a month of dropping starting pre-halving and continues for 2 weeks after it.
accumulation starts and by September price is heading upwards and by the end of 2016 reaches the previous ATH at $1100
