There are certain correlations occurring in each Bitcoin cycle:
1: Halving dates take place half way through the bull cycle
In each cycle 2013 and 2017 we can see that the block reward halving dates occur almost exactly in the middle between the cycle low and the cycle high.
We can use this to predict a date for the current cycle to reach it's top: around October 11th 2021. Price level approximately $130,000 - $140,000
2: Mid bull run pullback and final uptrend to blow off top
In 2013 and in 2017 there were significant pullbacks during the bullmarket (marked in purple verticle lines).
The high before these pullbacks went on to be the next cycle bottoms! Also the timing of the pullback and subsequent blow off tops were exacty the same for 2013 and 2017. There is also a corresponding pullback which has just happened in May 2021.
If we overlay the uptrend (marked in yellow bars pattern) copied from the 2013 cycle and place it onto the 2017 cycle, it fits perfectly time-wise. Placing the same pattern on the current cycle also shows the current bull market ends on Oct 11th 2021 !!
3: Gann Fan
I used a Gann Fan to mark the cycle low, and cycle high in each cycle. Using the same technique for this bull market we can see that the Gann Fan intersects the Logarithmic Growth curve on... Oct 11th 2021 !!
Side Note: The high just before the mid bull dump (purple line) ends up being the level where the next cycle bottoms out for each cycle 2013 and 2017. We can predict the next cycle starting in 2022 will bottom around current levels 35 -40k. This also lines up with the predicted dates and Log Growth Curve bottom.
1: Halving dates take place half way through the bull cycle
In each cycle 2013 and 2017 we can see that the block reward halving dates occur almost exactly in the middle between the cycle low and the cycle high.
We can use this to predict a date for the current cycle to reach it's top: around October 11th 2021. Price level approximately $130,000 - $140,000
2: Mid bull run pullback and final uptrend to blow off top
In 2013 and in 2017 there were significant pullbacks during the bullmarket (marked in purple verticle lines).
The high before these pullbacks went on to be the next cycle bottoms! Also the timing of the pullback and subsequent blow off tops were exacty the same for 2013 and 2017. There is also a corresponding pullback which has just happened in May 2021.
If we overlay the uptrend (marked in yellow bars pattern) copied from the 2013 cycle and place it onto the 2017 cycle, it fits perfectly time-wise. Placing the same pattern on the current cycle also shows the current bull market ends on Oct 11th 2021 !!
3: Gann Fan
I used a Gann Fan to mark the cycle low, and cycle high in each cycle. Using the same technique for this bull market we can see that the Gann Fan intersects the Logarithmic Growth curve on... Oct 11th 2021 !!
Side Note: The high just before the mid bull dump (purple line) ends up being the level where the next cycle bottoms out for each cycle 2013 and 2017. We can predict the next cycle starting in 2022 will bottom around current levels 35 -40k. This also lines up with the predicted dates and Log Growth Curve bottom.