#Bitcoin is on its 27th week of sideways price action.

This isn't the first time we've seen this, so I went back and measured each and every time this has happened.

Here's some interesting facts, and when this is likely to end:

Bitcoin Data Newsletter

Does liquidity matter when it comes to #Bitcoin?

Yes it does! Which is why we should pay attention when the metric has visited the bottom of its range.

Just like the last cycle, and the cycle before it.

After 10 Months spent around the bottom purple and blue MVRV deviation bands, #Bitcoin has now made its second visit just below green.

This marked the local bottom in 2016 and would have in 2019... were it not for that pesky black swan of course.
…

With 92% of all #Bitcoin already being mined, do you think the halving still creates a supply shock that drives up price?

Are you scared?

They're hoping so.

Meanwhile the #Bitcoin cycle…

Doesn't get much simpler than this.

#Bitcoin early and late Bull Market in green, Bear Market ends in red.

The one exception to this on the Kivanc Supertrend was the 2020 black swan.

The only thing that can…

With the first early top in for #Bitcoin on July 13th, 2023 (yellow dot), I think too many people are looking back and expecting a 2019 carbon copy.

What I'm looking at is 2015, where Bitcoin bottomed out in August, just like it did now, and continued in…

The amount of #Bitcoin held by short-term holders has now been reduced to a fine powder.

The lowest amount we have seen since January 2011.

These are people that hold their coins around 155 days at most.

In other words, there are more strong Bitcoin holders…

Ok #Bitcoin black swan predictors, it seems like it's now or never!

Alongside volatility, trend strength is ridiculously low on the ADX.

Per cycle you get 1 bear market move, and 2 bull moves inside this launch zone.

Better hurry black swan bears... this…

#Bitcoin needs to visit 21k - 23k before continuing higher.

Could it all just be as simple as 1, 2, 3 for #Bitcoin?

Maybe so...

People are split on whether or not #Bitcoin needs to visit lower prices before continuing.

On the Log Regression Curves that called the last cycle top, price remains just below layer 4.

Sometimes price is able to bottom just below a regression…

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October is historically a very bullish #Bitcoin month. 🎃

What will it be? You decide 👇

Right on queue! The #Bitcoin RPV ratio is leaping out of the green buy zone on the second visit.

In every cycle, this marked the local bottom after the first big move.

Uptober is looking coded in 🎃👻

Which #Bitcoin cycle top target do you think is most likely from the First Cycle Gains Projection?