Similar structure - ALL Bitcoin halving cycles (2023)
Updated
I won't explain, but I will leave bullet points..
-We are very closely rhyming with the 2016 chart
-Same upward structures
-All breaking up after halving 1470 days from previous halving between 618/786 FIB
-The only time the upward trendline was broken was the Plandemic Black Swan
-Strange observation that the fibs show the most confluence placed above the bear market
structures bottom dip
-If we are rhyming with 2016 then we shouldn't see anything below 25k ever again
-If we are rhyming with 2016 then we should be breaking up to the 42-50k range within 20-60 days.
-This is speculation - Anything is possible so DYOR
-We are very closely rhyming with the 2016 chart
-Same upward structures
-All breaking up after halving 1470 days from previous halving between 618/786 FIB
-The only time the upward trendline was broken was the Plandemic Black Swan
-Strange observation that the fibs show the most confluence placed above the bear market
structures bottom dip
-If we are rhyming with 2016 then we shouldn't see anything below 25k ever again
-If we are rhyming with 2016 then we should be breaking up to the 42-50k range within 20-60 days.
-This is speculation - Anything is possible so DYOR
Note
According to the 1470 day theme - This would put our upward departure towards the next peak a on May 20th 2024Note
Shout out to Kevin Svenson for reading my comment on YT
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.