BTC all time index Time analysis

The chart illustrates a consistent 30-bar (210-day) cycle observed in Bitcoin's historical price action, showcasing repetitive bullish and bearish phases. The current cycle, marked with a 15-bar (105-day) duration, suggests that the market is at a pivotal point, aligning perfectly with the ongoing pattern.

Key Observations:
Historical Cycles:

Each 30-bar cycle historically led to either a significant rally or a reversal. Volume and price action support these cyclical movements.
Current Cycle:

The current phase is 15 bars into the cycle, representing half of the standard 30-bar period. This mid-cycle point often coincides with significant price movements.
A sharp reversal is anticipated based on historical patterns.
Support Level:

Immediate support is identified near $75,250, with potential for a retest before a broader move materializes.
Projection:

If the historical pattern holds, a downside target of 0.5 (relative to the cycle's peak) is expected, suggesting potential correction or consolidation from the current bar.