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Historically bitcoin bottoms around 500 days prior to its halving...

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jrcornel
84
last yearSteemit

We are right in the range of where Bitcoin bottoms historically

Bitcoin tends to bottom out roughly 500 days prior to its next halving.

Check it out:

image.png

(Source: https://twitter.com/thescalpingpro/status/1599699783010365440/photo/1)

In all but one instance the price bottomed right around 500 days prior to its halving.

If we use that data here we could assume the lows are already in or will be in within the next couple months.

The next halving is likely to be in April of 2024.

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