Bitcoin (BTC) Halvening And Its Effect On Market Cycles

2018-9-3 23:00

Bitcoin (BTC) halvening has an interesting effect on market cycles as we have seen during the recent correction. The above chart for BTC/USD clearly demonstrates how Bitcoin (BTC) halvening has not just brought about the halvening of Bitcoin (BTC) mining rewards, but also the halvening of market cycles in a similar manner.

The first period of correction shown on the chart ranges between November 2013 and February 2015.   This correction lasted a period of 441 days.

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$ 70655.25 (-0.28%)
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halvening btc bitcoin cycles market correction effect

Источник: cryptodaily.co.uk

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