TradingShot

Bitcoin's journey to the new peak will be longer this time

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
This chart incorporates the Bitcoin's market cycles inside the parabolic shape factoring in the halving effect.

The halving has so far occurred after the bottom of each market cycle was made so based on that (next halving May 2020) the new bottom should take place inside this February - April.

What is even more important than that is the lengthening of each cycle, which seems to trade on an arithmetic progression. Approximately 583 days are added to the length of each subsequent cycle. Needless to say this affect the duration of the bear cycles as well, which also progress on an arithmetic mean (252 days).

This shows that this time the market cycle will take long to reach a peak that should be in by August 2023.
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+2 Reply
Man man man awesome!!
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Really like your analysis, this shows the waves really well. Thanks for the great post!
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ooo this is really good!!!
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@LucyF2492, Thanks! It will be even better if it turns out to be correct!
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Excellent analysis, respect man, respect! Your chart is even better than my longterm chart:



I think your analysis is more accurate, because you also take into account that BTC becomes slower, as it grows. Which makes sense, since BTC behaves in many ways like a physical system. The more mass it acquires, the more inertia it has, the slower it becomes.

So yeah, excellent chart, and keep up the good work :)
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TradingShot FlaviusTodorius67
@FlaviusTodorius67, Your work is excellent as well Flavious! It will be interesting to calculate at which point in time this slow growth eventually matures. We are indeed on a very early "baby" phase in Bitcoin.
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