1/12 Some friends asking me "when to start buying coins"
So I make a little data collection on how BTC moved during each event
I mainly focus on 3 events to make it simple: BOTTOM - HALVING - ATH ššš
Projected next halving = April 2024 (16 months from now)
2/12
let me start on first halving in 2012 from the bottom of 2011 which took 13 months long , topped at +640%
3/12
after the first halving in 2012 It started with +9,200% (wish I knew BTC at that time) and reach the top after 12 months
4/12
what goes up must come down it goes all the way -87% for a period of 14 months and many people's life changed after this event
5/12
after it reached the bottom, we are onto the next halving in 2016 peaked at +408% in 18 months
6/12
right after the 2016 halving massive bull run began and it's the time many people got into crypto and began their journey / investment during this times (congrats to all who made šµšµšµ during this joyful years)
4,111% to the top from halving in a span of 16 months
7/12
Again, after a big uptrend in 2018 , it must go down and enjoy your profits,
then it had a 1 year of pain with -84%
8/12
on to the last halving we had in 2020 (POST COVID) peaked at 345% duration of bottom to halving = 17 month long
9/12
the last massive run happened last year 18 month long that peaked with more ore less +730% from halving
10/12
WEN BOTTOM? many people asking this, well no one knows when will it happen, but based on the datas that I collected, if we haven't bottomed yet, my "hypothetical assumption" will be on Q1 of 2023 š
13 months and counting , we are already down -77% from the top
11/12
WHY I THINK Q1 2023
might be the bottom?
the previous bottom to halving were
2012 = 13 months 2016 = 18 months 2020 = 17 months
April 2024 is the prediction of next halving that's roughly 16 months from now
12/12
thank you for reading and looking forward for the history to repeat itself
WAGMI and LFG! POW POW!
*end
*big uptrend in 2017
This post is based on this twitter thread.Comments
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