Bitcoin halving and dollar devaluation. Main market myths

Mythbusters: Halving and dollar devaluation as reason of Bitcoin price growth

My previous Bitcoin forecast was made on 17th March.  And it was absolutely correct, until lately.

My March’s scenario is shown in the chart above. I predicted a high probability of retracement within a 5-wave structure in wave C. The target was at around 6,000-7,000 USD. Then I expected a fall to 1,500 USD.

The scenario was pessimistic, but it seemed to be realistic amid those panics and unfolding crisis.

The current situation is shown in the chart above. As we see, the things had been developing according to…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>