Hello Everyone,
I want to share this amazing thesis that I found on the Bitcoin chart.
Everything is on the chart but I want to clear some insights about this.
First of all, all Bitcoin bullish cycles have two sub-cycles: pre and post-halving sub-cycles.
I believe the bottom is NOT in yet but we are close to that and it will be clear before Dec 2022 and the Pre-halving phase will begin from Jan 2023.
Let's take a closer look at previous bullish cycles.
The first halving event occurred on the 28th of November, 2012. Bitcoin had a pre-halving bull run from the bottom which took 378 days and it pumped more than 522%.
The second halving event occurred on the 9th of July, 2016. Bitcoin had the same pre-halving bull run from the bottom which took 539 days and it pumped more than 300%.
The third halving event occurred on the 11th of May, 2020. Bitcoin had almost the same pre-halving phase which took 518 days and it pumped more than 200%. During this phase, the black swan event happened which was COVID-19 crash and I ignored this because it was unexpected.
According to previous bull cycles, we can conclude Bitcoin will find the bottom in Q4 2022 and from there the pre-halving phase will begin and it lasts until fourth halving on 03 May 2024 which will be almost 478-540 days from the bottom.
The bottom will be somewhere between $10k and $16k, No one knows the exact price but you can start DCAing below $16k (if we get there).
The post-halving phase will take Bitcoin to new territory and I think it will be somewhere between $100k and $200k in 2025.
Be patient and have your own plan.
Trade safe.
If you found this info useful, please share it with your friends, and don't forget to hit the boost button and follow me ;)
Thanks.
I want to share this amazing thesis that I found on the Bitcoin chart.
Everything is on the chart but I want to clear some insights about this.
First of all, all Bitcoin bullish cycles have two sub-cycles: pre and post-halving sub-cycles.
I believe the bottom is NOT in yet but we are close to that and it will be clear before Dec 2022 and the Pre-halving phase will begin from Jan 2023.
Let's take a closer look at previous bullish cycles.
The first halving event occurred on the 28th of November, 2012. Bitcoin had a pre-halving bull run from the bottom which took 378 days and it pumped more than 522%.
The second halving event occurred on the 9th of July, 2016. Bitcoin had the same pre-halving bull run from the bottom which took 539 days and it pumped more than 300%.
The third halving event occurred on the 11th of May, 2020. Bitcoin had almost the same pre-halving phase which took 518 days and it pumped more than 200%. During this phase, the black swan event happened which was COVID-19 crash and I ignored this because it was unexpected.
According to previous bull cycles, we can conclude Bitcoin will find the bottom in Q4 2022 and from there the pre-halving phase will begin and it lasts until fourth halving on 03 May 2024 which will be almost 478-540 days from the bottom.
The bottom will be somewhere between $10k and $16k, No one knows the exact price but you can start DCAing below $16k (if we get there).
The post-halving phase will take Bitcoin to new territory and I think it will be somewhere between $100k and $200k in 2025.
Be patient and have your own plan.
Trade safe.
If you found this info useful, please share it with your friends, and don't forget to hit the boost button and follow me ;)
Thanks.
We're in the pre-halving phase now. "Patience" should be your friend in this phase.