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RE: It's not impossible...

in #bitcoin2 years ago

I agree with this, though the price bottomed roughly December of 2018, which was roughly 1 year post peak. A similar pattern points to a bottom in November of this year. That 2018 bottom was also roughly 17 months prior to the next halving. The next halving is roughly March of 2024, if you take 17 months from that you get October of 2022 for a bottom. Based on the above data I fully expect bitcoin to bottom sometime end of this year and that's when you get long again, so I'm not waiting all the way until the next halving.

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