Market Cyclicity 📈
Let's dive into the world of cryptocurrency analytics and conduct a deep analysis of Bitcoin market patterns. This research is based on the fundamental theory of cyclicity, which is a key part of its dynamics.
Let's conduct a retrospective analysis of the past decades and focus on the three main 🚀 market cycles. It is clear that each rise is accompanied by unique characteristics, but there is a key pattern: as the peaks approach, there is a price correction, often 20-30%. But then comes a period of rapid growth, leading to significant gains, up to 200% or more.
Target: $170,000. This figure is not just a numerical abstraction, but rather a point reflecting a legendary moment in Bitcoin history, based on the theory of cyclicity. Reaching this price could be a significant event, indicating market evolution and its powerful trends.