Using the Fibonacci bubbles, we can clearly identify the tops of the last three market cycles with staggering accuracy at the 3.618.
Also, although there are only two data points at our disposal for cycle lengths, we can see that the last two cycles are increasing in length by ~60%.
Using the above method, this would indicate a market cycle peak of around $230k in April 2024. And just for fun, I drew another bubble to have a guess what the market cycle after this one will top out at - $1.3M.
Posting this to keep an eye on how this tracks. Very interesting as it currently stands at the very least
Also, although there are only two data points at our disposal for cycle lengths, we can see that the last two cycles are increasing in length by ~60%.
Using the above method, this would indicate a market cycle peak of around $230k in April 2024. And just for fun, I drew another bubble to have a guess what the market cycle after this one will top out at - $1.3M.
Posting this to keep an eye on how this tracks. Very interesting as it currently stands at the very least