No. of Times RSI went Below 30 on Weekly: 3
No. of Halvings in BTC Till Now: 3
White Vertical Line represents when RSI went below 30 or equivalent to 30.
Red Vertical Line represents Halving.
N.B.: This is a weekly chart, so halving date might be different as it counts weekly candles.1st:- RSI Below 30: 14th Nov, 2011
- Halving: 28th Nov, 2022
- Growth from Bottom to ATH in 1st Phase: 37,152%
2nd:- RSI Below 30: 12th Jan, 2015
- Halving: 9th July, 2016
- Growth from Bottom to ATH in 2nd Phase: 8189%
3rd:- RSI Below 30: 10th Dec, 2018
- Halving: 11th May, 2020
- Growth from Bottom to ATH in 3rd Phase: 1783%
Average Days Before Halving when RSI goes Below 30: 371 (1st Phase) + 546 (2nd Phase) + 518 (3rd Phase) / 3 = 478 Days
So 478 Days before Predicted 4th Halving (Source:
https://www.buybitcoinworldwide.com/bitcoin-clock/) brings us in First week of Dec 2022.
That will be the expected time when Bitcoin RSI will be below 30 and will be the best possible buy for next 4-5 years.
P.S.: It's an analysis of what happened in the past and is a prediction, NFA.Hope you will like this analysis.
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fs3.tradingview.com%2Fsnapshots%2Fy%2FYx2UzTNp.png&t=665&c=fLcf0o35BV_DsQ)