Posted: May 21, 2019 11:09 pm
Bitcoin's last halving event which occured July 9th 2016 afaik, produced a similar pattern though the rewards weren't as great and the timing was slightly different. The chart indicates that Btc reached a high of about $775 on June 18th, about 3.5 weeks before the halving event, before dropping substantially. However, less than 4 weeks prior to the high it was less that $440. Again, the chart indicates that fomo is late to kick in and that there is an opportunity to acquire significant gains within a short span of time. Again, timing is key and a good parachute should be at hand.