#Bitcoin https://abs.twimg.com/hashflags... draggable="false" alt=""> is following this price prediction model ‘with astonishing precision’

Thread https://abs.twimg.com/emoji/v2/... draggable="false" alt="⬇️" title="Pfeil nach unten" aria-label="Emoji: Pfeil nach unten"> https://www.independent.co.uk/life-style/gadgets-and-tech/bitcoin-price-prediction-2021-peak-b1838256.html">https://www.independent.co.uk/life-styl...

Bitcoin’s recent price crash could be just the “midway dip” in a new record-breaking rally if market patterns from 2013 and 2017 are repeated, according to a number of prominent cryptocurrency analysts

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Roughly every four years, a “halving” event occurs that reduces the rewards for mining the cryptocurrency by 50% https://www.independent.co.uk/life-style/gadgets-and-tech/bitcoin-price-prediction-2021-peak-b1838256.html">https://www.independent.co.uk/life-styl...

This latest dip appears to be similar in scale and timing to other dips experienced following the 2012 and 2016 halvings

Image credit: Plan B

“More than two years after this model was published, the price continues to track the model’s predictions with astonishing precision,” author of The #Bitcoin https://abs.twimg.com/hashflags... draggable="false" alt=""> Standard @saifedean says https://www.independent.co.uk/life-style/gadgets-and-tech/bitcoin-price-prediction-2021-peak-b1838256.html">https://www.independent.co.uk/life-styl...

Follow our live coverage of #Bitcoin https://abs.twimg.com/hashflags... draggable="false" alt=""> price changes here: https://www.independent.co.uk/life-style/gadgets-and-tech/bitcoin-price-live-dogecoin-cryptocurrency-b1838805.html">https://www.independent.co.uk/life-styl...