We will see when the halving comes
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LIVEA Little Trader
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What Does Dominance and Price Action Tell Us Before and After the 2016-20 Bitcoin Halving?
$BTC With less than 5 days until the halving, I wanted to share with you a few little statistics about what awaits us.
What happened in 2016?
What do the numbers tell us about the halving?
On July 9, the date of the 2016 halving, the price was in the $650 range. At the same time, #Bitcoin #Dominance had almost complete dominance with 98% $BTC !
What happened after the halving?
Approximately 1.5 years (526 days) after the halving, on January 13, 2018, it crashed to #Bitcoin #Dominance 35.41% level and was at $14620 on the same date. On December 17, 2017, when it reached its top, the price of $19666 was about 27 days away. In other words, both the dominance decreased and the price increased.
What happened in 2016?
What do the numbers tell us about the halving?
On July 9, the date of the 2016 halving, the price was in the $650 range. At the same time, #Bitcoin #Dominance had almost complete dominance with 98% $BTC !
What happened after the halving?
Approximately 1.5 years (526 days) after the halving, on January 13, 2018, it crashed to #Bitcoin #Dominance 35.41% level and was at $14620 on the same date. On December 17, 2017, when it reached its top, the price of $19666 was about 27 days away. In other words, both the dominance decreased and the price increased.
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