Considering the fact that Chiliz (CHZUSDT) grew by an astonishing 24,700% in 2021, just two years ago, it is more than possible to see a bullish wave extending beyond 1,800% and hitting even 3,000% or many times more.
The last bull market lasted 364 days after the double bottom (higher low). This time around we have a lower low instead. 364 Days would put us at early October 2024.
This is just one method we use to calculate potential tops for the next cycle but we don't know how accurate it will be. As we continue to go through hundreds of charts we will come up with more and varied methods that will give us a better picture.
When we have a set of say 3-5 different methods, plot them all together and get an average date we can calculate the next market cycle top with a high level of accuracy.
This isn't really important though, what really matters is to buy low to later sell high and develop a plan to maximize profits when selling the target, the rest is just a waiting game.
I hope you can join me in the coming months and years... Cryptocurrency has lots to offer.
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