This Simple Observation Suggests Bitcoin is About to Go Parabolic by onthehook8

goinvest · @onthehook8 · Jan 15 '20

$1.20

This Simple Observation Suggests Bitcoin is About to Go Parabolic

![](https://cdn.steemitimages.com/DQmbGr8HB8YEq4buBqBksQbEyCLedNr7JHPG7tEHL98eTkC/image.png)

*This simple historical analysis, which is backed up by the fact that investors attempt to “front-run” the halving by buying Bitcoin beforehand, suggests that the crypto market may soon explode higher ahead of the halving, potentially entering into a parabolic uptrend.*

Interesting article about what the price of bitcoin might do before the halving event. I'd be cautious in buying too much bitcoin based only on the halving that coming up. I think at least some of the price movement might be priced in already. In past halving events bitcoin was relatively unknown, today is a different story. I'm cautious..... 

Read the full story here.....
https://www.newsbtc.com/2020/01/12/simple-observation-suggests-bitcoin-about-parabolic/

👍 boomerang, superpromoter, onthehook8, mshahabi, ghasemkiani, steem-venera, lifecruiser, armadilloman, fortunex, ariakianim, vishalsingh4997

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@boomerang · Jan 15 '20

This post has received a 34.4 % upvote from @boomerang.

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@onthehook8 · Jan 16 '20

$0.05

Thanks

👍 onthehook8

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@onthehook8 · Jan 19 '20

$0.03

So far so good, bitcoin looks like it's starting a rally, first target for me is the $10k level....

👍 onthehook8

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