Logarithm. Time frame 1 week. Linear for clarity. Now the price is in consolidation in the key resistance zone of the "psychology 100" zone. Everything is as before, nothing new.
The price moves from dynamic zones of support and resistance of the large channel, and with the observance of the proportions of decreasing % from the previous maximums and minimums, adhering to a conditional 4-year cyclicality. Which is also initially embedded in the Bitcoin halvings, and the understanding of increasing demand, with a decrease in supply through halvings (but, here is a nuance with ETF, that is, conditionally with "fake bitcoins", which significantly increases the supply).
With a huge degree of probability, in the next cycle (possibly the final one), Bitcoin will be driven above or around $ 1 million, depending on the maximum that will be set in this cycle. Perhaps it will be much higher (parabolic growth as at the end of 2017) than the average distribution price. Mass digitalization is underway... and there are more and more dollars, they need to be somehow utilized in the future.
I specifically refreshed the old ideas of the main trend (2 and 3 years ago published) of this scale, and made it on a linear chart, for greater visualization of the trend direction and patterns that are formed on a smaller scale.
BTC/USD Secondary trend cycles and halvings. 1 07 2022
BTC/USD Halving 518 When will the minimum and maximum price be cycles. 27 09 2023
The price moves from dynamic zones of support and resistance of the large channel, and with the observance of the proportions of decreasing % from the previous maximums and minimums, adhering to a conditional 4-year cyclicality. Which is also initially embedded in the Bitcoin halvings, and the understanding of increasing demand, with a decrease in supply through halvings (but, here is a nuance with ETF, that is, conditionally with "fake bitcoins", which significantly increases the supply).
With a huge degree of probability, in the next cycle (possibly the final one), Bitcoin will be driven above or around $ 1 million, depending on the maximum that will be set in this cycle. Perhaps it will be much higher (parabolic growth as at the end of 2017) than the average distribution price. Mass digitalization is underway... and there are more and more dollars, they need to be somehow utilized in the future.
I specifically refreshed the old ideas of the main trend (2 and 3 years ago published) of this scale, and made it on a linear chart, for greater visualization of the trend direction and patterns that are formed on a smaller scale.
BTC/USD Secondary trend cycles and halvings. 1 07 2022
BTC/USD Halving 518 When will the minimum and maximum price be cycles. 27 09 2023
Note
18 05 2025 
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Related publications
Disclaimer
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✅ Telegram. Finance + Trading: t.me/SpartaBTC_1318
✅ Telegram. Сrypto trading only: t.me/SpartaBTC_tradingview
✅ Instagram: instagram.com/spartabtc_1318
✅ YouTube (Rus): goo.su/vpRzRa2
✅ Telegram. Сrypto trading only: t.me/SpartaBTC_tradingview
✅ Instagram: instagram.com/spartabtc_1318
✅ YouTube (Rus): goo.su/vpRzRa2
Related publications
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.