The Curious Role of Time For Bitcoin
When Could Bitcoin Peak In This Bull Market?
The Curious Role of Time…
Here’s a curious observation…
It took roughly the same amount of time for Bitcoin to bottom prior to Halving #1 (i.e. 378 days) as it took for Bitcoin to rally before topping out after its second post-Halving #1 Market Cycle (i.e. 364 days).
This curious role of time prior to and after Halving #1 is also evident in the context of Halving #2:
It took roughly the same amount of time for Bitcoin to bottom prior to Halving #2 (i.e. 546 days) as it took for Bitcoin to rally before topping out after its second post-Halving #1 Market Cycle (i.e. 518 days).
What if this curious role of time continues in the context of Halving #3?
Bitcoin bottomed 511 days prior to Halving #3.
Should Bitcoin rally for 511 days after Halving #3, that would mean that Bitcoin would peak in early October 2021.
The Bitcoin Four Year Cycle theory appears to support this:
It suggests Bitcoin’s price will experience exponential growth in 2021 (i.e. Candle 1) & peak before the end of the year.
After all - every Candle 1 has a short upside wick, demonstrating that price closes lower than peak.
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