Who knows what will happen to BTC in the future? But based on this pattern and doing some calculations, you can see every cycle (green box) has been divided by 5, which means its power for going up is decreasing in every cycle. If this trend continues until 2025, it will suggest BTC top for the next cycle would be 55k in July 2024 with a drop up to 9k in August 2025. If this scenario happens, there would be a reverse in the market, and BTC dominance will go down more deeply. Just imagine one day you don't need to analyze BTCf first to see how the market is doing. So basically I don't think BTC is a good investment for the future as some Alts are performing far better than BTC does.
Tomorrow will come ...
Ehsan.F
Tomorrow will come ...
Ehsan.F