Connect the BITSTAMP:BTCUSD bottom of the past two cycles to see what we're up against. The bull market hasn't begun until we break above on strong volume. (I realize the actual bottom after the 2nd halving was in 2018 not 2021, but fit is fit)
Days from halving to new all time high: - 1st halving: 56 days - 2nd halving: 231 days - 3rd halving: 203 days
Boom4 is on deck! Looks like a fresh BITSTAMP:BTCUSD all time high Dec '24 and we top out Nov '25. Top to bottom: 2013: 410 days 2017: 363 days 2021: 376 days Bottom to new high: 2013: 771 days 2017: 732 days 2021: ~750 days (Dec 2024) New high to Top: 2013: 297 days 2017: 329 days 2021: ~345 days (Nov 2025)
Simply connect the bottoms after BTC 's 2013 top and 2017 top and look where we're at. Did we already print the lowest low of crypto winter?
I love to analyze (and re-analyze) previous $BTC cycles for insights. Don't confuse this with what's going to happen , rather what's possible . The 2013 cycle happened in 3 phases. 1. First run up - 133 days ~2000% 2. Consolidation - 186 days 3. Second run up - 48 days ~800% If the 2021 cycle is approaching it's Phase 3, it's interesting to note how fast...
It's been interesting watching the Bitcoin price play off of the $1T Market Cap, so I thought I'd take a look at how we handled $100M during the last cycle. Turns out, in 2017 we bumped off $100M a few times, broke through and then violently retested it before making our FINAL ascent to ~$20k. Today in 2021, are we experiencing the last re-tests of $1T before...
I'm constantly reviewing the previous Bitcoin bull markets to gain perspective on what could happen next. Big round numbers keep jumping out at me. It appears we move in multiples of the previous top. Last cycle the top was ~$1k and every $1k we gained was a battle. This cycle the previous top was $20k, and so far we've stalled out at $40k and $60k. Gurus...
Where are we in the cycle!? Should I buy!? Should I sell!? Everyone wants to know... It's hard to deny that the 4 year halving cycle is the real deal when the timeframes from this cycle and the last are so freakishly similar: 1,181 days from the 2013 ATH until the breakout in 2017 1,095 days from the 2017 ATH until our recent breakout a couple weeks ago 229...
Use this chart as a starting point each day to not lose track of the long term trend
Took 229 days from the 2nd halving until hitting fresh all time highs. It will be 229 days since the 3rd halving the day after Christmas 2020!
This NEXO breakout is a thing of beauty NEXO Recently announced a buyback Exchange coming in 2021 Demand for leverage products should increase as BTC runs Closest competitor OKEX:CROUSDT has market cap of $1.27B NEXO price at OKEX:CROUSDT market cap is $2.27
“ History doesn't repeat itself but it often rhymes ” - Mark Twain When people ask what I think BTC will do next, I point to the last halving cycle bull run. Here's what I notice: It took ~6 months from the time of the halving to the time it bounced off the previous ATH The first bounce off the 2013 ATH happened on Jan 5th 2017. Rebalancing gains during...