Power law and the halvening theory In 2021, I was convinced that the power law model had been broken and wrote it off as invalidated.
But when I turned on the halvening date indicator, it marked the exact top of the last market cycle.
Coincidence? I THINK NOT!
Get on the gravy train now! Next stop $300k motherfucker!
Halvening2024
$BTC -The Future to ComeDespite what goes on into smaller time-frames regarding Bitcoin's price activity,
one must not forget it's Bright Future Ahead.
And if one tends to forget that,
Halvening comes as a Shock Supply to remind us.
Each price fall headed South on Bitcoin ,
is a chance for newcomers and especially for us enthusiasts to participate
into Accumulating as more SATS as we can.
Next Halevning is anticipated to take place by the end of April 2024 according
to Clarck Moody Bitcoin ;
that's only 250 Days give or take away from here .
Do you have your plan set ?!
bitcoin.clarkmoody.com
$BTC -The Next Big Short - Another Bearish Perspective was shared to updates of idea 'The Struggle Continues'
Bearish Pattern of Rising Wedge pattern playng out pre-Halvening with a 40% Measured Move Target
Congratulations to those who saw this coming and took entries
Our TP1 was hit in a very short period of time resulting to 300%+,
now looking ahead for TP2 while trailing SL.
Next shorting opportunity from here is to see for technical bounces during this weekend and upcoming days.
TRADE SAFE !
*** Note that this is not Financial Advice !
Please do your own Research and consult your own Financial Advisor before
partaking on any trading activity based solely on this Idea
What are Cumulus Triangles? 😱 Check out this new development!"Cumulus Triangles" are new Bitcoin chart patterns developed exclusively by The Crypto Weather Channel to help identify the trading range of bitcoin between the start of the first Bull market and the Halving. Have no idea where Bitcoin is going next? We've got you covered, all the way up until the Halving event! Thanks for watching.
Hypothetical idea: "when" & "how high" will next BTC peak be?Very, very simple projection using previous BTC "Halvening" dates measured to peak of market over the last several years, and then averaging the three periods (again, the length of time from Halvening to next peak) to project the next peak.
Used TradingView curve tool to capture the peaks and troughs of the market over time. Obviously using Bitstamp as it has the most complete market data.
Obviously just a projection - but using these inputs and the curve tool to project, it looks like the end of the next BTC cycle should be mid to late 2025 (as early as June or July, as late as August or September), and a peak of I would say between 75K-110K.
I think the time right now is to be very careful. The market is starting to get very frothy due to the anticipation of the US Federal Reserve easing, but honestly I think the market is getting way ahead of itself. Short to mid-term, I see Bitcoin rallying into the end of 2023, possibly as high as upper 40K, but then correcting back to under 20K.
Then we should start rallying into the next Halvening in 2024, and then finally start to moon again. But this will take some time.
Bitcoin's Route to $3,000,000+: An Elliott Wave Based OutlookWhat are the possibilities for the future of Bitcoin? There's mixed perspective with the retail and institutional world of investors but to base things solely on my opinion of its all-time wavemapping, I think Bitcoin could see upwards of $3M-$4M per coin by the early 2030s. I too anticipate a number of heavy, undeniably deep corrections to come during that timeframe but Bulls should be able to do the heavy lifting to restore its value. Regardless of whether you're a lifelong Bitcoin fanatic or an unbiased trader for profit, the pending corrections can and should be avoided. This is how profits are maximized. Hopefully this is the last Bitcoin chart I'll ever have to share on TradingView but nevertheless, I will update accordingly.