Apart from a few deviations, BTC/USD is still following its 731/730 day Bull Market/Bear Market Cycle.
After the next 6 Month Candle which starts July 2025, we may see an even crazier new ATH or we may start early into the inevitable 1 1/2 to 2 year downtrend before the next major BTC Bull-run, which according to this chart, should start around July 2027.
Be on the lookout for a new Descending Triangle Pattern on this one Month chart, this normally leads to a 48% breakdown drop from the bottom of the Descending Triangle Pattern as can be seen previously on this chart.
The 6 Month Chart:
After the next 6 Month Candle which starts July 2025, we may see an even crazier new ATH or we may start early into the inevitable 1 1/2 to 2 year downtrend before the next major BTC Bull-run, which according to this chart, should start around July 2027.
Be on the lookout for a new Descending Triangle Pattern on this one Month chart, this normally leads to a 48% breakdown drop from the bottom of the Descending Triangle Pattern as can be seen previously on this chart.
The 6 Month Chart:
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.