Bitcoin's 16 year cycle
Updated
Since inception, Bitcoin have been doing 4-year cycles matching with it's halving cycle.
The pattern have been 3 years bull market followed by a 1 year bear market.
So far there have been 3 of these 4-year cycle.
We posit that the last 4 year cycle will be the reverse.
1 year bull market follow by a 3 years bear market.
Note: The Dotcom Bubble had a similar 16 year cycle.
The pattern have been 3 years bull market followed by a 1 year bear market.
So far there have been 3 of these 4-year cycle.
We posit that the last 4 year cycle will be the reverse.
1 year bull market follow by a 3 years bear market.
Note: The Dotcom Bubble had a similar 16 year cycle.
Note
For this chart pay attention to the x-axis (Time). Time is more important here.
The essence of this chart doesn't change with log scaling. I use linear to give the present time higher precedence.
Trade closed manually
Didn't work on. March 2024 was not the TOP.
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