With the next Bitcoin (BTC) halving about a year and a half away, many investors are preparing strategies to help them accumulate and add to their positions in a zone of maximum profitability.
By using the previous halvings and price movements as a guide, we can better predict price levels, bounces, and movement patterns for the future. Other factors like difficulty adjustments for mining Bitcoin blocks further paints a clearer picture of what to expect as we creep closer to the 2020 halving.
Twitter user @100trillionUSD created a chart to better show some of these historical correlations and their effect on the price of Bitcoin.
#bitcoin is 15 months away from the next halving (May 2020) .. AND .. we had a -25% difficulty adjustment (Nov-Dec 2018) .. time to