According to this data, if we measure the amount of time from the swing highs to the swing lows of each major trend, these cycles may be able to tell us when to expect the next breakout of the All Time High for Bitcoin
This chart shows that in the 2 recent halving cycles Bitcoin Dominance had a massive pullback 240 days after the halving. We are now approaching the next 240 day cycle after the most recent halving earlier this year. 240 Days after Halving = December 17 2024.
Every 360 day cycle marked a trend change. BTC may have bottomed at the most recent cycle low.
This chart compares the Bitcoin chart to the St Louis Fred. A very different view of what Bitcoin could do next if this neckline breaks. Will be watching these fib extension levels overhead and add more cycles as I see fit.
1Week Bitcoin chart has a possible bullish cypher harmonic structure.
This is the data ive collected from the log scale chart for BTC. This idea is based on the low confirmation only. If we get a lower low then this is subject to change. Stay tuned!
Bitcoin chart on 1MONTH timeframe suggests a new bull rally could be starting according to Stoch RSI and RSI.
This chart shows time cycle data, fib levels, and an Ascending Triangle. Bitcoin looks very similar here to the 2014-2017 cycle with notable similarities like the same triangle pattern, same fib level support, and potentially the same fib level target and a break of ATH at the end of the 3rd time cycle.
Here's a companion chart to the recent DXY comparison chart posted.
In the 90's the DXY capitulated after completing a trend based time measurement. Trend based time fib tool used with 3 anchor points utilizing the 2 lows and a high. If we use the same tools on the current data we can see that there is another opportunity coming that looks strikingly similar to the chart from the 90's. US Government shut down is imminent and if...
Lots of similarities creating a fractal pattern on the Bitcoin chart.
Hopefully the charts explain the idea. The previous bull run found support on the log scale .5 fib retracement. Now we are approaching the log scale .5 fib level of the bottom retracement. IMO this is a make it or break it level and may determine the trend in which BTC follows for the remainder of the year. Bullish idea is a large ascending triangle being built,...
BTC could make a very important trend decision at the end of this cycle.
DXY with trend based time fibs applied. The end of this trend lands on the 2nd week of February. Please note my post about DXY from the 90's for reference.
DXY with cycles applied to the major swings. Some dates to watch for important changes in the trend.
Trend based time fibs applied to the DXY from the 1990s.
Very simple idea here. I pulled a trend based time fib starting at the 2015 low. Each vertical fib marked a trend line break to date. Looking for 5/5 at the 1.618.
BTC is currently at a 1.618 fib intersection. Im watching for an important move in this area.