BITCOIN Are you going to be able to handle this rally???

28 ביוני

Bitcoin (BTCUSD) is consolidating on the exact symmetrical spot it did relative to the previous Cycles. The blue circle marks that position historically and is that consolidation that always preceded the Bull Cycle's most aggressive part: the Parabolic Rally.

The Cycle bottom-to-bottom time range is fairly consistent to 1400 days and has been the bottom-to-top of the last two to 1064 days. Having broken above the cyclical Lower Highs (blue trend-line) on February, BTC historically posts only Higher Highs from here. The top can be anywhere within the 150k - 300k range for this Cycle, but as this chart shows, the important thing is to time it as closely as possible.

But what do you think? Is Bitcoin about to experience the start of the new Parabolic Rally? Feel free to let us know in the comments section below!

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