What we should mostly focus on in this chart is the pattern of Bitcoin's Bull Cycles. Those have started with very sharp bull runs but decrease each time as BTC becomes asymptotic (diminishing returns). As for the Bear Cycles, although they started as sharply as the bull runs, they tend to stabilize and follow an identical structure.
Applying the decelerating parameters on the next Bull Cycle, we come up with an even less aggressive but longer pattern. Surprisingly the peak of that run is roughly $100,000. We have also incorporated the estimated date for the next 3rd Halving and as seen the projected bull run takes off shortly after, an effect that Halvings historically and naturally have on the price of BTCUSD.
If you want to combine this chart with a more analytical perspective on Bitcoin's Halvings, Reward phases and cycles, click on the chart below:
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Applying the decelerating parameters on the next Bull Cycle, we come up with an even less aggressive but longer pattern. Surprisingly the peak of that run is roughly $100,000. We have also incorporated the estimated date for the next 3rd Halving and as seen the projected bull run takes off shortly after, an effect that Halvings historically and naturally have on the price of BTCUSD.
If you want to combine this chart with a more analytical perspective on Bitcoin's Halvings, Reward phases and cycles, click on the chart below:
** If you like our free content follow our profile (www.tradingview.com/u/InvestingScope) to get more daily ideas. **
Comments and likes are greatly appreciated.
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www.investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
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