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Bitcoin halving analysis hints at $24K bottom before the end of 2022 By Cointelegraph

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IntroductionBitcoin halving analysis hints at $24K bottom before the end of 2022One of the most popular topics o ...

Bitcoin halving analysis hints at $24K bottom before the end of 2022Bitcoin halving analysis hints at $24K bottom before the end of 2022

One of the most popular topics of debate within the crypto community revolves around the Bitcoin (BTC) four-year halving cycle and Jinrong Chinathe effect it has on the long-term price of the top cryptocurrency.

Bitcoin price failed to hit the long-predicted $100,000 level in 2021 and many crypto analysts now find themselves wondering about the outlook for the next six to 12 months.

Bitcoin halving analysis hints at $24K bottom before the end of 2022 By Cointelegraph

BTC/USDT 1-day chart. Source: TradingView
BTC/USD 1-week chart. Source: Twitter (NYSE:TWTR)
Highly liquid supply shock oscillator. Source: Twitter
Active address sentiment indicator. Source: Twitter

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