InvestingScope
Long

Bitcoin: The Bull Cycle pattern to $100,000.

BNC:BLX   BraveNewCoin Liquid Index for Bitcoin
What we should mostly focus on in this chart is the pattern of Bitcoin's Bull Cycles. Those have started with very sharp bull runs but decrease each time as BTC becomes asymptotic (diminishing returns). As for the Bear Cycles, although they started as sharply as the bull runs, they tend to stabilize and follow an identical structure.

Applying the decelerating parameters on the next Bull Cycle, we come up with an even less aggressive but longer pattern. Surprisingly the peak of that run is roughly $100,000. We have also incorporated the estimated date for the next 3rd Halving and as seen the projected bull run takes off shortly after, an effect that Halvings historically and naturally have on the price of BTCUSD .



If you want to combine this chart with a more analytical perspective on Bitcoin's Halvings, Reward phases and cycles, click on the chart below:

.png' src='/static/images/svg/idea-image-placeholder.svg' alt='Bitcoin: Roadmap to the next Halving. Reward phases and cycles.' class="js-image-lazy-load">





** If you like our free content follow our profile (https://www.tradingview.com/u/InvestingS...) to get more daily ideas. **

Comments and likes are greatly appreciated.
High quality signals (http://www.investingscope.com) for live buy/sell opportunities on a variety of financial assets.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Send feedback Ideas Published Followers Following Private Messages Chat Sign Out