Having examined the 2012-16 and 2016-2020 cycles, I am hypothesizing that the chart pattern will follow a broadly similar trajectory.
If it does, yahoo for all bitcoin early adopters.
I looked at the cycle repeats for the All time High (ATH) & All Time Low(ATL)
Both peak to peak or trough to trough are approximately 48 bars in length (monthly candle is the timeseries)
With only two cycles to evaluate the prediction is significantly biased.
I used the candles palette for visual effect to demonstrate the potential. In this example I have left the 2016-20 candle pattern superimposed on the 2020-24 cycle repeat.
If you overlay the 2012-2016, the pattern is almost a mirror for the pattern shape, with the cycle lo at variance( this pattern is not shown here, so I do not confuse the message).
Any way , enjoy ,
I will follow this annually and update as cycle peaks and trought.
If it does, yahoo for all bitcoin early adopters.
I looked at the cycle repeats for the All time High (ATH) & All Time Low(ATL)
Both peak to peak or trough to trough are approximately 48 bars in length (monthly candle is the timeseries)
With only two cycles to evaluate the prediction is significantly biased.
I used the candles palette for visual effect to demonstrate the potential. In this example I have left the 2016-20 candle pattern superimposed on the 2020-24 cycle repeat.
If you overlay the 2012-2016, the pattern is almost a mirror for the pattern shape, with the cycle lo at variance( this pattern is not shown here, so I do not confuse the message).
Any way , enjoy ,
I will follow this annually and update as cycle peaks and trought.