Bitcoin's 16 year cycle
Since inception, Bitcoin have been doing 4-year cycles matching with it's halving cycle.
The pattern have been 3 years bull market followed by a 1 year bear market.
So far there have been 3 of these 4-year cycle.
We posit that the last 4 year cycle will be the reverse.
1 year bull market follow by a 3 years bear market.
Note: The Dotcom Bubble had a similar 16 year cycle.
The pattern have been 3 years bull market followed by a 1 year bear market.
So far there have been 3 of these 4-year cycle.
We posit that the last 4 year cycle will be the reverse.
1 year bull market follow by a 3 years bear market.
Note: The Dotcom Bubble had a similar 16 year cycle.
Note
For this chart pay attention to the x-axis (Time). Time is more important here.
The essence of this chart doesn't change with log scaling. I use linear to give the present time higher precedence.
Trade closed manually
Didn't work on. March 2024 was not the TOP.
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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.
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.