© Reuters If Bitcoin Halving History Repeats, BTC Could Be Near the Bottom
- Several on-chain analytics have hinted that is at or nearing its cycle bottom.
- Bitcoin cycle tends to bottom 517-547 days before the next halving event.
- The data from the halving counter reveals the halving event will come after 495 days.
Experts believe that if Bitcoin (BTC) halving history repeats then the BTC cycle could be nearing its bottom soon.
Historically, #BTC tends to bottom 517-547 days prior to the next Halving eventThe next Halving is approximately 500 days away$BTC #Crypto #Bitcoin
— Rekt Capital (@rektcapital) December 22, 2022
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