Bitcoin Market Cycles Are Lengthening: Sorry Plan B
It is crystal clear - Bitcoin market cycles are lengthening.
Superimposing each BTC peak over the current top, each peak results in a 574-day distance from the next. This could suggest that Bitcoin may not peak until July 2023, and at a price of $200,000 rather than the $325,000 projected from the last market cycle.
Superimposing each BTC peak over the current top, each peak results in a 574-day distance from the next. This could suggest that Bitcoin may not peak until July 2023, and at a price of $200,000 rather than the $325,000 projected from the last market cycle.
CoinChartist is run by Tony "The Bull", a level 3 CMT student & technical analyst fascinated w/ Elliott Wave Principle, Hurst Cycle Theory, W.D. Gann, Japanese Candlesticks, & other classical charting methods. Visit coinchartist.io for free TA education!