🔥 Bitcoin history will repeat again! by resiliencia

hive-126009 · @resiliencia · Aug 6 '20

$11.85

🔥 Bitcoin history will repeat again!

Hello!

Bitcoin has been on my mind almost everyday since 2017. It sometimes feel like an obsession to check their price several times a day. I think that I forgot to check the price less than 10 days in 3 years. 

As you can imagine, I have been following the price evolution really hard. And I spent a lot of time trying to figure out what the next move will be.
From my point of view, I have witnessed the "**third Bitcoin bubble**", and like the other ones, they never explode completely.

It could seem easy to forecast the future of Bitcoin based on the past Bubbles, this time won't be different and we will see All Time Highs and exponential growth again at some point.


![btc1.jpg](https://files.peakd.com/file/peakd-hive/resiliencia/brEVrvPU-btc1.jpg)
[Source](https://www.google.com/url?sa=i&url=https%3A%2F%2Fas.com%2Fmeristation%2F2018%2F01%2F11%2Fbetech%2F1515669605_457324.html&psig=AOvVaw2UkxWKzvW_QVVwuU_spt6-&ust=1596829542314000&source=images&cd=vfe&ved=0CAMQjB1qFwoTCIC0q-Krh-sCFQAAAAAdAAAAABAE)

The price of Bitcoin is approaching the 12,000$ resistance. This is the 2019 Highest price and I think this will be really hard to break. If I have to bet I would say that we're going to see a correction in the following months.

But this correction is not the point of this article. The point of this article is that I truly believe that history will repeat itself again, Bitcoin is acting like the past. I have not been able to notice any change of behavior from the other Halvings.

They say that a picture is worth a thousand words right? Take a look at this chart from one of the best twitter accounts [@ChartsBtc](https://twitter.com/ChartsBtc): 


![bitcoin.png](https://files.peakd.com/file/peakd-hive/resiliencia/vKo3UXXW-bitcoin.png)
[Source](https://twitter.com/ChartsBtc/status/1290654494062186498?s=20)

<br>

# Bitcoin price prediction

If we take a look at this chart and think that the orange line will be in the future between the grey and the green one:

- The price will be over 200,000$ at some point in time.
<br>


### Why is this important?
<br>



Because one of my favorite models, the **STOCK TO FLOW MODEL**, made by [@100trillionUSD](https://twitter.com/100trillionUSD) predicts an astonishing $288,000 Bitcoin price during the 2020/2024 period!

<br>
# Coincidence? I don't think so. 😊
<br>

Enjoy! 

<hr> 

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👍 hodlcommunity, kingscrown, trumpman, vlemon, cwow2, holger80, btcvenom, numberofthingz, pouchon, nautilus-up, resiliencia, likwid, marfonso, holm, ronavel, ketcom, glastar, webdeals, bitrocker2020, craignow, ezzy, exyle, nateaguila, mmmmkkkk311, gerber, toofasteddie, sharkface, otage, daltono, ano123, sbi3, justyy, jskitty, linakay, ireenchew, nnaraoh, smartvote, someguy123, sevillaespino, dcityrewards, hypersonic1, intrepidthinker, steemer-sayu907, michaeljn, badstrategylive, gandhibaba, badmusgreene, payroll, world-travel-pro, zartisht, cacalillos, nattybongo, steem.leo, amahovac93, ikrahch, hivecur, niallon11, abrockman, kenanqhd, truce, rangertx, tj4real, pladozero, emrebeyler, and 305 others
👎 dein-problem

properties (23)vote details (370)

voter	rshares	pct
kingscrown	3,328,997,453,651	40%
kaylinart	19,670,596,128	15%
trevonjb	1,457,556,674	30%
gerber	262,264,067,755	4%
daan	58,159,463,630	8%
ezzy	309,266,218,465	4%
sinzzer	19,651,995,144	30%
exyle	307,166,523,778	4%
happyphoenix	23,519,534,023	30%
webdeals	401,220,842,836	30%
randomblock1	1,952,852,435	15%
bert0	1,998,117,354	0.4%
theb0red1	31,484,573,605	30%
someguy123	134,181,415,205	6%
rangertx	81,737,419,009	30%
jungleonion	38,452,870,525	30%
mikehere	5,911,145,967	30%
team101	22,051,746,148	30%
justyy	184,604,484,822	20%
rymlen	18,866,785,827	30%
bigtakosensei	13,107,410,789	30%
timothyb	20,688,876,087	30%
automaton	3,441,960,158	100%
hattaarshavin	17,320,303,149	30%
sixexgames	1,400,307,494	15%
intrepidthinker	124,765,860,623	30%
pouchon	812,459,727,458	30%
sharkface	236,323,324,227	30%
numpypython	1,683,330,429	30%
chasmic-cosm	22,917,757,712	100%
sames	20,314,555,108	30%
linakay	150,862,106,538	30%
dune69	15,919,194,853	4%
dolphinstudios	33,111,546,246	30%
pwny	30,108,721,587	30%
thelordsfinest	2,487,427,922	30%
papadimos	1,291,034,235	10%
holm	586,785,166,892	30%
world-travel-pro	109,424,156,680	30%
bitrocker2020	360,215,980,856	30%
cacalillos	106,840,385,063	100%
btcvenom	1,013,440,521,171	30%
tj4real	80,610,814,143	30%
mys	853,707,956	0.4%
rycharde	1,187,474,940	10%
reloadbeatbox	6,422,146,312	30%
trumpman	1,835,362,311,233	50%
roncoejr	7,623,741,270	30%
kisom1	563,192,594	30%
gingerninja	1,870,897,951	10%
hotsauceislethal	3,816,757,347	30%
moemanmoesly	12,918,257,799	30%
kenanqhd	94,602,325,617	30%
techken	1,496,275,802	2.5%
d-pend	21,504,424,392	0.8%
toofasteddie	247,465,542,413	60%
akomoajong	2,543,071,431	30%
shitsignals	1,668,178,927	4%
madstacks	2,380,756,031	30%
bambukah	3,657,026,803	50%
phelimint	14,562,717,908	30%
resiliencia	745,050,748,586	100%
supriya1993	8,028,542,972	15%
vidafitnessfeliz	4,812,481,492	100%
sevillaespino	129,007,019,161	30%
otage	226,926,629,720	30%
philodendron	12,940,978,295	50%
aaronleang	30,847,465,829	30%
aftabkhan10	19,710,530,525	30%
cflclosers	13,621,204,616	30%
aferrell	1,064,584,344	30%
felander	21,301,626,063	4%
santigs	5,454,626,943	16%
kimzwarch	8,895,394,687	4%
bboyady	4,946,906,126	30%
niallon11	98,033,242,584	10%
fbslo	805,917,171	0.2%
accelerator	44,079,900,771	5%
chimzycash	20,403,313,419	30%
vlemon	1,557,488,478,923	90%
yogacoach	1,826,772,230	2%
veenang	1,663,929,160	4.5%
tomiscurious	27,060,997,358	8.39%
davidke20	66,294,720,659	30%
roleerob	2,982,077,858	0.4%
deathwing	4,365,170,589	4%
superbing	577,951,891	90%
plantstoplanks	17,233,886,856	8%
zord189	54,277,963,163	30%
harpreetmaan	1,288,052,879	25.5%
nanastraybutt	1,016,406,970	30%
jaforce	12,624,276,500	30%
caladan	14,335,861,332	4%
dbooster	13,401,187,965	30%
michaeljn	116,374,597,163	30%
notimetospace	3,876,492,869	30%
drags	923,790,858	15%
myach	71,678,944,443	30%
mrhill	7,819,240,031	40%
tworealsolutions	13,556,395,211	30%
mattroconnor	8,376,655,137	30%
thegossip	9,067,243,068	100%
emrebeyler	77,552,473,002	4%
beiker	8,912,510,900	100%
xabi	52,058,899,851	30%
chekohler	21,839,145,403	10%
elderson	2,901,903,298	30%
joannewong	61,076,763,394	30%
syedubair	12,847,851,384	30%
soluce07	2,404,685,653	50%
lemon-shot	9,609,850,866	80%
fourfourfun	573,061,737	2.18%
marc5	3,372,354,390	100%
daltono	199,196,242,959	30%
zpzn	11,450,222,359	30%
slacktmusic	4,357,121,711	30%
mmmmkkkk311	280,931,904,727	3.5%
gandhibaba	114,400,618,113	30%
nealmcspadden	66,040,247,722	4%
culgin	29,484,104,295	20%
purefood	64,106,205,351	4%
enmaart	35,645,380,279	30%
lauriki	1,390,402,877	50%
ikrahch	104,478,228,892	30%
badmusgreene	113,324,430,147	30%
sanach	11,452,345,715	30%
richgang	2,012,301,373	30%
nnaraoh	138,160,155,908	100%
joeliew	3,561,488,536	100%
leoumesh	32,674,695,353	100%
jlordc	32,080,530,705	30%
holger80	1,032,932,490,710	25%
upfundme	2,866,257,110	4.5%
numberofthingz	964,136,117,648	30%
moeenali	61,694,347,049	30%
mamun123456	18,489,038,292	30%
funkymunky20000	8,219,949,900	30%
pkocjan	1,753,625,933	3.2%
pizzapai	8,799,610,142	30%
runningproject	16,913,197,099	40%
damajicman3	851,321,136	30%
robomode	1,341,453,475	30%
makingthebest09	1,849,503,531	30%
randumb	18,936,034,156	30%
wanaf	2,906,970,675	30%
wrecktangle27	907,559,109	30%
frassman	2,471,773,402	15%
babarakas43	30,492,120,599	30%
rativiv	849,634,693	30%
nickychu	18,377,664,033	30%
peerzadazeeshan	12,482,408,705	30%
josevas217	666,907,466	0.32%
greendeliverence	12,592,740,523	30%
bestboom	16,450,915,030	4%
truce	90,213,803,061	30%
abrockman	96,463,587,246	30%
hypersonic1	127,190,852,257	30%
rawn	24,462,435,745	30%
mimidee74	6,571,872,437	30%
thomasbrown	40,860,562,998	30%
pg-live-pt	7,960,920,537	30%
paragism	5,170,984,470	21%
demondantv	23,603,237,832	30%
yameen	56,926,090,981	30%
run.vince.run	5,194,856,018	20%
freddio	12,429,636,571	15%
pasie15	24,931,728,426	30%
blainjones	878,991,919	4.5%
headcrypto	4,554,936,478	30%
tiket	12,570,675,157	30%
themightyvolcano	33,084,281,787	4%
ospro	1,524,643,301	30%
payroll	110,853,255,359	2%
cryptokannon	21,300,141,208	30%
chinyerevivian	23,794,070,123	30%
ifunnymemes	902,342,873	2%
cubby	653,854,974	30%
lordgod	1,869,377,924	30%
sbi3	191,320,967,648	15.18%
promobot	7,201,329,985	8.75%
primersion	69,333,234,800	30%
glodniwiedzy	1,097,358,097	3.8%
coolbot	6,563,274,458	30%
rightwing670	62,741,148,156	30%
ragnar94	5,846,817,700	30%
pladozero	78,297,042,255	10%
amahovac93	106,148,799,750	30%
nateaguila	293,365,118,740	8%
archisteem	2,545,157,807	7.5%
steemxp	17,113,974,837	30%
vietthuy	2,184,526,840	50%
lagtv	609,143,670	30%
melissaofficial	19,661,043,230	30%
byebyehamburgers	15,375,679,680	30%
hmetu	689,573,637	30%
swisswitness	2,360,443,850	4%
moneybaby	833,617,703	2.5%
agathusia	823,365,073	100%
steemian258	1,276,119,767	15%
nattybongo	106,767,510,778	30%
cmplxty	54,344,450,236	19%
emsonic	24,160,410,808	30%
lilzmom902	9,776,812,177	30%
ireenchew	147,057,287,970	30%
dalz	6,742,254,011	2%
jluvs2fly	58,821,757,617	30%
smartvote	134,884,107,019	6%
alexran	1,499,483,765	30%
lilcryptita	946,096,796	30%
dlike	49,357,312,774	4%
master1992	1,433,023,485	30%
voxmortis	587,750,765	0.25%
justinchicken	4,958,333,839	30%
fullnodeupdate	6,591,017,939	25%
theexcelclub	67,517,363,113	30%
maeusenews	11,784,540,196	30%
engrave	53,582,415,422	3.8%
cryptohodlgroup	64,408,686,071	30%
hiatus	13,082,154,439	30%
bobby.madagascar	1,604,005,881	1%
laissez-faire	54,489,372	100%
voter003	26,850,149,229	18.09%
moderncraft	554,184,448	15%
marfonso	616,992,265,083	30%
tangela	801,052,658	15%
cryptoxicate	19,754,065,297	30%
jimbi	18,758,519,168	30%
ldp	570,474,164	4%
craignow	347,111,395,327	30%
sasaadrian	14,648,124,840	20%
cwow2	1,228,141,117,843	100%
followjohngalt	21,869,735,824	4%
teenagecrypto	24,960,402,871	100%
glastar	414,911,997,379	30%
cakemonster	2,242,618,968	2%
bettervision	211,817,815	15%
theestateof.mind	30,268,144,919	30%
nworb	16,593,340,740	30%
ketcom	416,633,246,038	30%
dein-problem	0	-0.25%
ferrate	18,746,197,805	30%
bittrio	6,463,372,225	30%
steemturbo	3,214,313,458	30%
cgbernardo	950,667,266	30%
steemegg	2,857,968,205	7.5%
cryptovues	16,504,901,440	30%
muskan-haider	24,307,926,942	30%
permaculturedude	1,535,121,460	4%
e-r-k-a-n	23,496,656,862	30%
idiosyncratic1	13,698,899,221	100%
snuff1	900,943,289	30%
goodcontentbot	808,065,992	15%
maskuncoro	1,539,831,825	30%
trueexpressions	574,526,820	30%
tulwave	11,564,300,373	30%
brada2550	1,750,083,202	30%
paleotwist	7,968,664,624	30%
limka	4,985,487	100%
mia-cc	3,822,512,038	30%
cecilian	2,239,686,076	30%
hans001	8,594,727,322	30%
jlordz	1,482,253,718	30%
c4cristi3	11,576,830,010	30%
foreversteem	2,531,546,973	30%
ano123	197,359,995,254	30%
gharrington44	1,200,332,626	30%
q-news	2,336,161,148	30%
potence	577,543,778	30%
blockchainfo	1,883,580,611	50%
coreyssteemit77	3,361,219,693	30%
mfblack	3,918,283,060	3.8%
backscratcher	11,993,069,147	30%
curtley	531,569,745	100%
x-tech	9,989,468,044	30%
red-devils	1,103,376,269	30%
thecryptolink	667,235,921	30%
moro1992	2,428,285,338	30%
xyzxyz	12,617,449,728	30%
canercanbolat	864,294,129	100%
likwid	660,655,448,598	8.75%
haxxdump	20,176,662	10%
evanstinger	20,371,825,613	30%
ookii	15,214,607,101	30%
octalmage	23,197,297,859	30%
erectus	357,758,960	70%
oxoskva	1,015,188,798	100%
egginc.org	689,966,614	100%
queengaga	12,856,976,852	30%
aekraj	22,892,540,277	30%
worldhelper	26,262,869,799	95%
milu-the-dog	1,737,028,417	4%
ssiena	4,209,152,343	19%
h-hamilton	42,028,409,039	30%
triplea.bot	1,424,318,874	4%
steem.leo	106,451,348,036	4%
everythingsmgirl	1,150,810,894	50%
mindtrap-leo	40,000,252	4.3%
empoderat	4,240,182,813	100%
vxc.leo	0	8.6%
freddio.sport	3,562,614,133	15%
supremebape	53,769,774,869	30%
kryptoking1	14,926,068,032	30%
asteroids	4,834,869,037	3.6%
atyh	5,660,929,623	30%
taskmaster4450le	39,989,056,969	31%
dropthatcode	9,217,757,635	30%
thranax	13,333,975,001	12%
beta500	4,488,353,206	4%
sbi-tokens	697,352,451	1.88%
steemer-sayu907	116,750,296,012	30%
drlobes	2,831,963,241	15%
tomhall.leo	309,318,360	100%
maxuvv	1,469,213,300	50%
maxuvd	20,546,158,264	6%
korver	1,942,919,413	50%
deflacion	981,474,725	9.9%
dhanagc	2,124,129,071	30%
naej	5,819,578,160	30%
tonimontana.leo	153,898,719	4.3%
tonimontana.neo	8,980,145	1.51%
enison1	6,334,549,733	100%
sandymeyer	2,342,628,925	1%
gerbo	1,622,364	4%
silence-speaks	3,268,128,954	30%
chibex	447,665,962	30%
gmlrecordz	1,450,348,849	15%
umair-appics	973,484,313	30%
empoderat.leo	312,549,740	100%
ribary	1,285,182,226	2%
toni.pal	0	1.58%
leadericarus	0	100%
joy-only-joy	738,347,930	30%
photosnap	12,057,350,140	30%
lbebagz	3,486,976,080	30%
kgsupport	1,025,770,272	30%
bilpcoinbpc	1,346,849,369	15%
mice-k	17,391,051,371	4%
platino94	47,496,584,578	100%
sandyo	948,311,760	30%
steemcityrewards	443,013,168	4%
dpend.active	1,180,073,383	0.8%
iamalisha	48,870,061,713	30%
hivequebec	17,236,801,382	50%
romiz.amin	1,133,231,319	30%
jskitty	176,843,410,387	100%
yuurinbee-znz	10,804,166,727	17%
bnk	58,143,484,857	50%
polish.hive	10,479,238,208	4%
mynima	3,340,978,533	80%
bobodan	60,075,824,049	30%
f0x-society	2,405,830,650	50%
cryptolemon2	1,133,541,794	100%
hivexperiment	891,381,746	100%
blackgeek	12,923,287,952	30%
hodlcommunity	3,525,596,756,629	100%
hodl-fund	9,860,027,691	100%
dcityrewards	128,439,277,661	4%
ahsan4a	0	100%
hivelist	3,463,269,160	2%
defi.campus	62,865,520,883	50%
nautilus-up	770,215,299,453	10%
ronavel	515,323,020,859	30%
hivecur	100,473,535,731	4%
roseblossoms	11,579,735,834	30%
dotnb	626,266,984	50%
zartisht	106,995,940,714	30%
chartreader	177,181,964	4%
thekingofhive	539,191,851	30%
btsarps	1,070,969,178	30%
badstrategylive	114,844,197,339	30%

`author`	joseacabrerav
`permlink`	re-resiliencia-qenvcw
`category`	hive-126009
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`author`	resiliencia
`permlink`	re-joseacabrerav-qenvt2
`category`	hive-126009
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`root_title`	"🔥 Bitcoin history will repeat again!"
`beneficiaries`	`[]`
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`author`	paragism
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`author`	resiliencia
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