BTC/USD - Cycle Patterns and the next Crypto Bull-run
Updated
Using Sine-waves, we can clearly see that BTC/USD has followed a Cycle Pattern of 8-Bars so around 1461 days to achieve a new maximum ATH Candles before a cycle back downwards. Note that each half cycle is between 730-731 days.
If this cycle pattern is correct, we can expect the next maximum BTC ALL TIME HIGH to be achieved anywhere around the 6 Month Candle starting on Tuesday 1st July 2025 before a cycle back downwards.
I have added Fib Re-tracement Levels so you can see that BTC needs to CLOSE this 6 month Candle ABOVE the 0.236 Fib level at $16,256.
Note that I am talking about a NEW maximum ATH before a cycle back to the downside. As an example, you can see from Monday 1st July 2019 to Thursday 1st July 2021 multiple ATHs can be achieved and broken so i am talking about the next maximum ATH before a cycle back to the downside.
So according to this Cycle Pattern, technically the next Crypto Bull-run should start anywhere on the 6 Month Candle that starts at Saturday 1st July 2023. But one thing we should factor in is that the world is already in a Recession and possibly heading into a depression. So the next Crypto Bull-run could start later as it has on other cycle pivots. So technically it could also start anywhere on the 6 Month Candle starting Monday 1st January 2024. As a worst case scenario, and depending on how bad inflation gets then we could end up seeing a full 8-Bar cycle to July 2025 that is downwards.
Again this is all my opinion so I hope this chart is helpful to your trading and hodl-ing.
If this cycle pattern is correct, we can expect the next maximum BTC ALL TIME HIGH to be achieved anywhere around the 6 Month Candle starting on Tuesday 1st July 2025 before a cycle back downwards.
I have added Fib Re-tracement Levels so you can see that BTC needs to CLOSE this 6 month Candle ABOVE the 0.236 Fib level at $16,256.
Note that I am talking about a NEW maximum ATH before a cycle back to the downside. As an example, you can see from Monday 1st July 2019 to Thursday 1st July 2021 multiple ATHs can be achieved and broken so i am talking about the next maximum ATH before a cycle back to the downside.
So according to this Cycle Pattern, technically the next Crypto Bull-run should start anywhere on the 6 Month Candle that starts at Saturday 1st July 2023. But one thing we should factor in is that the world is already in a Recession and possibly heading into a depression. So the next Crypto Bull-run could start later as it has on other cycle pivots. So technically it could also start anywhere on the 6 Month Candle starting Monday 1st January 2024. As a worst case scenario, and depending on how bad inflation gets then we could end up seeing a full 8-Bar cycle to July 2025 that is downwards.
Again this is all my opinion so I hope this chart is helpful to your trading and hodl-ing.
Note
Here's how it looks on the 12 Month Chart:Note
From my opinion, 112K - 9K is still happening.
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