Bitcoin 6 Year Cycle
This is a more realistic presentation of how the next 2 Markets cycles could unfold for bitcoin. As you can see 100k is coming quicker than most people think. This pattern I have put together shows how bitcoin can stay in the parabolic trend channel drawn with the white lines And still reach 191k by October 2021. The bear market from 191k top should bring us to around 35k which would be a 82% decline in price. This also stand true with the history of bitcoin bear markets. Dropping 93% in first bear market 85% in the second and 82% in the 3rd bear market. From the 35k bottom in August of 2022 we will start our 5th bull market and start the move to 1 million by 2025.
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