#BTCUSD Monthly Cycle Comparisons
August 2024 has produced another successful (so far!) retest of the ~60 level on RSI on the monthly Bitcoin chart. The last two cycles have seen a cycle top 16 months and 14 months after the successful retest and gains of ~28x in 2017 and ~6x in 2021.
Just an observation really and past performance is no guarantee of future results but 14-16 months from now would take us to October - December 2025.
Fun times ahead hopefully!
Just an observation really and past performance is no guarantee of future results but 14-16 months from now would take us to October - December 2025.
Fun times ahead hopefully!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.