The Fibonacci Channels suggest that every time the price enters the -0.5 zone, it is a buy signal.
The levels show that every time BTC reaches half the of the previous price peak (X/2) it makes a new top (all time highs) and enters into a bear cycle, a clear sell signal.
The Halvings (buy signal) show that each time Bitcoin makes a new top for the bull market (all time highs) around +45% of the previous Halving - Peak length.
Combining the above we can reach the conclusion that a price target around $130,000 is even possible at the peak of the next Bull Cycle.
Take a look at our Bull Cycle study below:
A a more analytical perspective on Bitcoin's Halvings, Reward phases and cycles
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Roadmap to price stability:
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