For the majority, it almost seems to act as a mini BTC halving simulation.
We see an increase in price/demand leading up to it, a quick selloff a week or so before the burn, a continued drop until halfway before the next burn, upon which the price begins to recover, and often reaches new highs.
The pattern is a lot more evident on the BTC pairing, but still not rock solid. There've been a couple months that don't obey the pattern, but I thought it was worth mentioning.
Take it how you wish.
We see an increase in price/demand leading up to it, a quick selloff a week or so before the burn, a continued drop until halfway before the next burn, upon which the price begins to recover, and often reaches new highs.
The pattern is a lot more evident on the BTC pairing, but still not rock solid. There've been a couple months that don't obey the pattern, but I thought it was worth mentioning.
Take it how you wish.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.