Bitcoin could agree around US$ 260 thousand in October this year if the linked upward pursuit seen in the 2017 bull control is repeated. The estimate is from the Hookpoint website, which compares the rise and back of BTC during half cycles - an touch that cuts bitcoin issuance in half and that occurs, in the region of average, all four years.
To achieve this forecast, Hookpoint - developed by a BTC fanatic named M.K. Safi - comparison of the percentages of each cycle. Recalling the dates: the first half cycle started subsequent to reference to November 28, 2012; the second re the subject of the subject of July 9, 2016; and the third going roughly for May 11, 2020.
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