3-year bull market, 1-year bear market pattern

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(BTCUSDT 12M chart)

It has been showing a pattern of 3-year bull market and 1-year bear market since 2015.

If this pattern continues, it is expected that 2025 will be the last bull market.

2015-2017: Up about 12124%
2019-2021: Up about 1971%

In the uptrend that started in 2023, the maximum uptrend point is expected to be around the Fibonacci ratio 3.618 (178910.15).

Before that, we need to see if the price can be maintained by rising above the Fibonacci ratio 2.168 (134018.28).

Since the increase is showing a sharp decrease in the increase as the price rises, I think the increase in 2025 is likely to be not that great.

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(BTCUSDT 12M chart)

If we look at this on the BTCUSDT chart, it is the same as the chart above.

We will have to see the movement when the downtrend starts, but the current expected range is expected to be around 69K.

It is expected that the price range below 42K will never be seen again.

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Thank you for reading to the end.

I hope you have a successful trade.

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- Here is an explanation of the big picture.

I used TradingView's INDEX chart to check the entire range of BTC.

I rewrote it to update the previous chart while touching the Fibonacci ratio range of 1.902 (101875.70) ~ 2 (106275.10).

(Previous BTCUSD 12M chart)

Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015.

In other words, it is a pattern that maintains a 3-year uptrend and faces a 1-year downtrend.

Accordingly, the upward trend is expected to continue until 2025.

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(Current BTCUSD 12M chart)

Based on the currently written Fibonacci ratio, it is displayed up to 3.618 (178910.15).

It is expected that it will not fall again below the Fibonacci ratio of 0.618 (44234.54).

(BTCUSDT 12M chart)

Based on the BTCUSDT chart, I think it is around 42283.58.

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I will explain it again with the BTCUSD chart.

The Fibonacci ratio ranges marked in the green boxes, 1.902 (101875.70) ~ 2 (106275.10) and 3 (151166.97) ~ 3.14 (157451.83), are expected to be important support and resistance ranges.

In other words, it seems likely that they will act as volume profile ranges.

Therefore, in order to break through these ranges upward, I think the point to watch is whether they can receive support and rise near the Fibonacci ratios of 1.618 (89126.41) and 2.618 (134018.28).

Therefore, the maximum rising range in 2025 is expected to be the 3 (151166.97) ~ 3.14 (157451.83) range.

In order to do that, we need to see if it is supported and rises near 2.618 (134018.28).

If it falls after the bull market in 2025, we don't know how far it will fall, but based on the previous decline, we expect it to fall by about -60% to -70%.

Therefore, if it starts to fall near the Fibonacci ratio 3.14 (157451.83), it seems likely that it will fall to around Fibonacci 0.618 (44234.54).

I will explain more details when the bear market starts.

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readCrypto

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