What is Bitcoin Halving and what to expect

The last Bitcoin Halving in our lifetime !!!

All right guys, in about 15 days Bitcoin is about to go through possibly the biggest fundamental events that we have in our ecosystem t
oday.

The Bitcoin block reward halving of 2020 where the amount of Bitcoins that are mined into existence are cut in half, because as you know there will only ever be twenty one million Bitcoin ever, EVER !!!

So Bitcoin has a fixed supply. And that fixed supply is deflationary, meaning Bitcoin is the first asset ever in human history that has a predictable monetary supply.

So in about fifteen days for the third time ever once in 2012 once in 2016 and again coming up in 2020. t
he supply faucet, the block reward the amount of Bitcoin coming into existence every block which is about every ten minutes will be cut in half.

Massive supply shock the block reward is which is now 12,5 points per block per 10 minutes will decrease in half to 6,25 coins per block.

Now it should be noted that the last Bitcoin will not be mined into the year 2140 so we will long be dead but Bitcoin will continue to have these halvings over the next hundred years !!!

Really showing how much of an infancy we are right now in Bitcoins lifespan.

So the 2020 Bitcoin halving by all accounts is a huge event.

In just another way to think about this what's going to happen in fifteen days is...today around 18 hundred new Bitcoins are minted into existence each day worth around 11 million dollars and most of those 18 hundred Bitcoins that are minted daily are dumped daily. The miners are constantly dumping Bitcoin which is how they secure the network but this doesn't mean that it takes about 11 million dollars daily coming into the ecosystem people buying bitcoin for the price just to stay the same. But in about 15 days the next having this will drop down to just about 9 hundred BTC a day.

That's huge, that's a massive supply shock to the ecosystem. 

Even if the demand of Bitcoin just stays the same. Because we've been seeing healthy increasing growth demand In Bitcoin over the last month, if the demand it just stays the same and supply faucet gets cut in half what's that going to mean for the price of Bitcoin ??? What's that going to mean for you ???

FOMO is here !!! Everybody is expecting price pump!!!

This my expectation on what the price of Bitcoin will do the day of the having, and this should be your expectation to !!!

Just looking at history the price of Bitcoin will probably do nothing !!! Or possibly even dump !!!

If we look at the first having the price of Bitcoin really did nothing.

If we look at the second having 2016 the price of having did something before it, before the event, and then dumped that day into the weeks after.

If we're being realistic it wasn't until 360 days after or even 525 days after.

In the months leading up to it obviously the Bitcoin saw new all time highs while nothing while people said it was a failure the day of the Bitcoin having. The suppose of supply shock the effects price wise don't happen until after !!!

This is what the common retail investor does not know, yet !!!

This is what most other crypto Youtube channels want tell you "buy the rumor sell the news" !!!

I'm not a financial adviser, do your own research, but we are about to enter the next official bull market obviously 6 to 12 months after the halving if you ask me !!!

As a Bitcoin holder these are the fundamental macro big picture events, that you should be able to articulate to a friend to a family member.

Now taking into account all sides looking at all factors for bitcoin the only thing that I could see, that might be a little bit of a speed bump in Bitcoins inevitable rise is what's traditional markets do.

But either way in about 15 days it will be huge awareness a huge reminder the third time in history that has ever happened a reminder that Bitcoin has a predictable monetary supply unlike gold, unlike any other asset in history. It is a harder form of money than gold and yet despite gold's market cap being trillions and trillions and trillions dollars more than Bitcoin today Bitcoins inflation rate is about to be lower than gold for the first time ever !!!

Target for 22 April is HIT

Target HIT !!!
As I stated this morning the Bitcoin was to fly up to marked area
To all my team, have a nice day and enjoy...of course if you traded well please make a small donation...THX ;)

BITCOIN BREAKOUT ANALYSIS

Breakout to an upside !!!
We have a double bottom formation that is likely to break to an upside very soon.

It is possible to retest the level of 6768, but not necessary
If we retest the levels of 6768 it is important not to close below it and then we have confirmed double bottom then the scenario on the presented picture is still valid and you should buy !

Just in case put a tight stop lose if market rapidly goes to a 6768 levels and close below, in that case we are going lower

BIG NEWS OIL FALL DOWN BELOW ZERO

Yesterday Oil fall down below zero on market exchange !!!
This newer happened in history of market !!! What this means for us...don't know, but we could be riding for free for a incoming times.
As there is no demand for a oil on global scale, and the storage for it cost money, well I guess that triggered the price to go to zero and even below all the way to minus 40 dollars.