📉 Bitcoin Cycles Chart 📈
BTC has a very clear 4 year halving cycle which it followed all previous years.
Top of each cycle comes to November-December. Bottom forms 1-1.3 years after that top.
Bottom consolidation period usually correlates with 0.5-0.75 period of bearish cycles which corresponds with December'22-June'23. Since it doesn't yet look like BTC had final capitulation I believe we should see the bottom in the beginning of 2023 year (March-June).
Target for beginning of 2024 year is 25-29k which should start a new bull run towards new all time high in November-December 2025.
Keep that chart in mind not to get too fearful or greedy. I've created it in December 2019 and it helped me to survive through all these years. Hope it will help you as well 🙏
@WiseAnalyze #BTC #Bitcoin #Cycles
BTC has a very clear 4 year halving cycle which it followed all previous years.
Top of each cycle comes to November-December. Bottom forms 1-1.3 years after that top.
Bottom consolidation period usually correlates with 0.5-0.75 period of bearish cycles which corresponds with December'22-June'23. Since it doesn't yet look like BTC had final capitulation I believe we should see the bottom in the beginning of 2023 year (March-June).
Target for beginning of 2024 year is 25-29k which should start a new bull run towards new all time high in November-December 2025.
Keep that chart in mind not to get too fearful or greedy. I've created it in December 2019 and it helped me to survive through all these years. Hope it will help you as well 🙏
@WiseAnalyze #BTC #Bitcoin #Cycles
📉 Wise Analyze 📈
📉 Bitcoin Cycles Chart 📈 BTC has a very clear 4 year halving cycle which it followed all previous years. Top of each cycle comes to November-December. Bottom forms 1-1.3 years after that top. Bottom consolidation period usually correlates with 0.5-0.75…
📉 Bitcoin Cycles Chart 📈
Update for BTC 4 year halving cycle month chart.
Top of each cycle comes to November-December. Bottom consolidation period usually correlates with 0.5-0.618 period of bearish cycle which corresponds with December'22-March'23.
So far price action fits into these timeframes, but remember all previous bottoms were re-tested, so 16-17k can be revisited at some point.
@WiseAnalyze #BTC #Bitcoin #Cycles
Update for BTC 4 year halving cycle month chart.
Top of each cycle comes to November-December. Bottom consolidation period usually correlates with 0.5-0.618 period of bearish cycle which corresponds with December'22-March'23.
So far price action fits into these timeframes, but remember all previous bottoms were re-tested, so 16-17k can be revisited at some point.
@WiseAnalyze #BTC #Bitcoin #Cycles
📉 Wise Analyze 📈
Updated Bitcoin Cycles chart 🔥 @WiseAnalyze #BTC #Bitcoin #important #ta
This cycle is different. No sense in denying it. Bitcoin ETF pumped money into crypto and BTC approached halving and new ATH at the same time. And now we have Ethereum ETF narrative and possibly others. So will BTC dip I don't know, but from this month chart it seems absolutely harmless and healthy... lets say 48.3-50.8k
If no dip happens 🙏🏼 hallelujah! I don't mind. My plan remains the same in any case. I hodl till last quarter of 2025 and sell everything. After that we'll have 1-1.5 year of bear market.
@WiseAnalyze #BTC #Bitcoin #important #ta #cycles
If no dip happens 🙏🏼 hallelujah! I don't mind. My plan remains the same in any case. I hodl till last quarter of 2025 and sell everything. After that we'll have 1-1.5 year of bear market.
@WiseAnalyze #BTC #Bitcoin #important #ta #cycles