BTC Market Cycle Hypothesis
Seems like the current cycle is running longer than the 2014-2017 one. Made some measurements based on this hypothesis.
Consolidation:
From 2013 high to the first orange line: 791 days
2017 high to the second orange line: 1001 days
ATH Projection:
Time from first orange line to 2017 ATH: 686 days
Expected time to next ATH: +/- 868 days (~Jan 2023)
Remaining time for sideways movement before next move up:
Time from first orange line: 112 days
Expected time from second orange line: +/- 141 days (~Jan 2021)
Consolidation:
From 2013 high to the first orange line: 791 days
2017 high to the second orange line: 1001 days
ATH Projection:
Time from first orange line to 2017 ATH: 686 days
Expected time to next ATH: +/- 868 days (~Jan 2023)
Remaining time for sideways movement before next move up:
Time from first orange line: 112 days
Expected time from second orange line: +/- 141 days (~Jan 2021)
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