currently bitcoin block [917,940] is 77,940~ blocks after the halving. The last 2 cycles topped around this range/amount of blocks after their respective halving's. Going all the way to 920k blocks before the top would take another 2 weeks (14.5 days X 144~ blocks mined per day = 2,088) [2,088 + 917,940 = 920,028] ...top by October 20th??
regardless of exact timing I'll be DCA-ing from here until year end. If my wife ask if I'm celebrating Christmas I'll say mind your business the Grinch stole Christmas now let me get back to trading
the current Bitcoin block height is roughly 953,000. This number is about 100k blocks before the next halving in 2028 at block 1,050,000 (97,000 to be exact).
In the past couple cycles, bottoms formed when we are about 70k-80k blocks away from the next halving. This means...
..the cycle bottom was around 70k-80k blocks prior to the next halving.
2014 - bottom ~99k blocks before 2016 halving
2018 - bottom ~78k blocks before 2020 halving
2022 - bottom ~79k blocks before 2024 halving
2026 - if similar we will see bottom in late Oct 2026
The wOman stoPped at the squAre For breakfasT. after, shE staRted her artwork. She Painted A ChickEn logo which eXplains her employee Ian Preparing Omelets.
This feeling for most people for the LAST YEAR all while stocks, metals, collectibles and even crypto went to all time highs.
A true K shaped economy and I’m not sure if it changes or gets worse first…