BITCOIN Next Market High in late 2022 or 2024?

What price and when will the next ATH be? That is the question in every BTC holder/ trader/ investor right?

Well I have looked into the 'what price' parameter on numerous studies such as this recent one below:


Today I am gonna be looking at the 'when' factor. But in contrast to a few more conservative analyses I have done in the past such as the one below, I will be pursuing on this one a different approach:



I have classified Bitcoin's Cycle's by measuring the time from the previous to the next Bottom and then looking at when the next ATH (All Time High)/ Market High is by taking a Fibonacci extension.

* On the 1st Cycle (blue), we see that the Bottom to Bottom measurement (actually had to use the first date given) of July 2010 to Nov 2011 gives a 2.5 Fib extension on the next Market High (December 2013).

* On the 2nd Cycle (orange), the Bottom to Bottom measurement of Nov 2011 to Jan 2015 gives a few week shy of 2.0 Fib on the next Market High (December 2017).

* The 3rd Cycle (green) has a Bottom to Bottom measurement of Jan 2015 to Dec 2018. If it follows the previous (orange) Cycle and tops shy of the 2.0 Fib extension, then the next Market High is projected to be around November 2022. If it follows the first (blue) Cycle and tops on the 2.5 Fib, expect a Market High around October 2024.

Which one do you think it will be? Feel free to share your work and let me know in the comments section!


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