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<blockquote data-quote="KofiKingston" data-source="post: 1167027" data-attributes="member: 8183"><p>I also think Bitcoin & many alts will go absolutely parabolic in 2021, with maximum gains culminating early 2022, in February or March, followed by the usual crash & plateauing out that occurs after a huge crypto run. </p><p></p><p>I base this on the fact that the 1st Bitcoin halving led to a price gain from $100 in November 2012 to $1100+ in December 2013 (13 months, 1100%), followed by a steady decline over the course of a year to $178 in January 2015. The 2nd Bitcoin Halving shot the value up from $570 in July 2016 to $19000+ in December 2017 (17 months, 3300%), then it declined to a low of $3200 in December 2018. </p><p></p><p>Assuming the 3rd Halving in May 2020 follows the same trajectory as the last two, we can expect the next run will last for approximately 21 months with gains ranging from 6600% to 9900%. Incredible if it happens that way.</p></blockquote><p></p>
[QUOTE="KofiKingston, post: 1167027, member: 8183"] I also think Bitcoin & many alts will go absolutely parabolic in 2021, with maximum gains culminating early 2022, in February or March, followed by the usual crash & plateauing out that occurs after a huge crypto run. I base this on the fact that the 1st Bitcoin halving led to a price gain from $100 in November 2012 to $1100+ in December 2013 (13 months, 1100%), followed by a steady decline over the course of a year to $178 in January 2015. The 2nd Bitcoin Halving shot the value up from $570 in July 2016 to $19000+ in December 2017 (17 months, 3300%), then it declined to a low of $3200 in December 2018. Assuming the 3rd Halving in May 2020 follows the same trajectory as the last two, we can expect the next run will last for approximately 21 months with gains ranging from 6600% to 9900%. Incredible if it happens that way. [/QUOTE]
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