Here’s my Big Picture Bitcoin chart:
Firstly the Fib levels: I believe the first cycle took ~ 2 years going from 0.01 to 1250. And we’re currently in second cycle to be ~ 10 years going from 170 to 170 000 ish. The support / resistance / breakthrough fib levels on 2nd cycle so far seem to closely follow those of the 1st cycle. So this is my best guess as to what price we’ll peak at - this could change closer to peaking time.
Major bull cycles: If you look at 2nd line of white text, each bull cycle seems to take +105 days longer than the last, hence the XMAS 2026 peak.
Smaller picture: Perhaps, 70-80k before year end 2023 but as economy might start to weaken then 30k is good support - the journey between micro top of 70-80k to 170k is pure speculation and I guess we’ll only be able to make predictions off economic conditions closer to the time.
Finally, sine wave at the bottom of the chart has roughly predicted each bull market cycle top ( in terms of time ) and it also predicts next bill run to peak around Xmas 2026
This is not financial advice, just submitting one of many possible scenarios.
Firstly the Fib levels: I believe the first cycle took ~ 2 years going from 0.01 to 1250. And we’re currently in second cycle to be ~ 10 years going from 170 to 170 000 ish. The support / resistance / breakthrough fib levels on 2nd cycle so far seem to closely follow those of the 1st cycle. So this is my best guess as to what price we’ll peak at - this could change closer to peaking time.
Major bull cycles: If you look at 2nd line of white text, each bull cycle seems to take +105 days longer than the last, hence the XMAS 2026 peak.
Smaller picture: Perhaps, 70-80k before year end 2023 but as economy might start to weaken then 30k is good support - the journey between micro top of 70-80k to 170k is pure speculation and I guess we’ll only be able to make predictions off economic conditions closer to the time.
Finally, sine wave at the bottom of the chart has roughly predicted each bull market cycle top ( in terms of time ) and it also predicts next bill run to peak around Xmas 2026
This is not financial advice, just submitting one of many possible scenarios.