An idea for the future price of Bitcoin based on the prior cycles and the importance of the number 144
Most people know that BTC has a 4 year cycle but what is more interesting is that the number 144 appears often throughout the BTC cycle.
From the Jan 2015 low we can count 1440 days to the next low in Dec 2018 from here we count another 1440 days to November 2022 which it is now believed by many to be the low of this cycle. 1440 days from November 2022 takes us to October 2026, which I have marked as the potential end of the BTC cycle which also coincides with the Real Estate cycle.
Historically it has taken BTC 144 weeks from its previous peak to break out and head for its next peak.
144 weeks after the December 2013 peak we saw BTC break out and move to the Dec 2017 high.
144 weeks after the December 2017 peak we again saw BTC break out from $12k to head to the 69k peak in Nov 2021.
Could we see the same thing again? 144 weeks from the November 2021 peak takes us to August 2024, in all previous cycles it has taken a little over a year to peak from the breakout taking us to Oct/Nov 2025 as the potential peak with a 1 year drop to the final low in Oct 2026.
We will wait and see if BTC follows the same cycles as the past or if something new will pop up this time.
Most people know that BTC has a 4 year cycle but what is more interesting is that the number 144 appears often throughout the BTC cycle.
From the Jan 2015 low we can count 1440 days to the next low in Dec 2018 from here we count another 1440 days to November 2022 which it is now believed by many to be the low of this cycle. 1440 days from November 2022 takes us to October 2026, which I have marked as the potential end of the BTC cycle which also coincides with the Real Estate cycle.
Historically it has taken BTC 144 weeks from its previous peak to break out and head for its next peak.
144 weeks after the December 2013 peak we saw BTC break out and move to the Dec 2017 high.
144 weeks after the December 2017 peak we again saw BTC break out from $12k to head to the 69k peak in Nov 2021.
Could we see the same thing again? 144 weeks from the November 2021 peak takes us to August 2024, in all previous cycles it has taken a little over a year to peak from the breakout taking us to Oct/Nov 2025 as the potential peak with a 1 year drop to the final low in Oct 2026.
We will wait and see if BTC follows the same cycles as the past or if something new will pop up this time.
Trade active:
It's the end of the year and I believe this analysis on Bitcoin has played out very well.
My lines were expecting a move close or above the $50k's and we almost got there, from here we were thinking a pull back could be on the cards, but BTC has been extremely bullish, the approval of a BTC ETF could ignite a pre-halving pump that could make this run different to all the previous bull runs...
My lines were expecting a move close or above the $50k's and we almost got there, from here we were thinking a pull back could be on the cards, but BTC has been extremely bullish, the approval of a BTC ETF could ignite a pre-halving pump that could make this run different to all the previous bull runs...