Title: Bitcoin's Post-Halving Seasonality: A Cyclical Pattern
Description:
The Bitcoin halving cycle is becoming increasingly established. We can observe a recurring pattern:
Spring Equinox (Upward Crossing): Approximately 10,000 blocks after a halving, the cyclical wave (sinusoidal oscillation) crosses above the long-term power-law trend line. This marks the beginning of a significant price increase.
Summer Solstice (Cycle Peak): The price peaks around block 60,000 post-halving (roughly 1/3 of the halving cycle).
Autumn Equinox (Downward Crossing): The price declines, and around block 110,000, the cyclical wave crosses below the long-term trend line. This marks the maximum pain and speed of down movement.
Winter Solstice (Cycle Bottom): The price bottoms out around block 140,000 (2/3 of the halving cycle).
This pattern suggests that the bull run and bear market phases each last approximately 1/3 of the halving cycle. We are currently in the early stages of a new bull run, having just passed the "Spring Equinox" point where the cyclical wave crossed above the long-term trend line.
Additional Notes:
This pattern has been observed in past cycles and appears to be repeating.
This analysis is based on the observation of cyclical price movements and their correlation with the halving events.
It's important to remember that Bitcoin's price is influenced by multiple factors, and this pattern is not a guarantee of future performance.
You may add this indicator freely to you favorites.
Bitcoin Rainbow Wave
It includes the Power Law (Logarithmic Trend), the Rainbow Chart and the Bitcoin Wave model all in one adjustable indicator. I will use it for further updates.
The Bitcoin halving cycle is becoming increasingly established. We can observe a recurring pattern:
Spring Equinox (Upward Crossing): Approximately 10,000 blocks after a halving, the cyclical wave (sinusoidal oscillation) crosses above the long-term power-law trend line. This marks the beginning of a significant price increase.
Summer Solstice (Cycle Peak): The price peaks around block 60,000 post-halving (roughly 1/3 of the halving cycle).
Autumn Equinox (Downward Crossing): The price declines, and around block 110,000, the cyclical wave crosses below the long-term trend line. This marks the maximum pain and speed of down movement.
Winter Solstice (Cycle Bottom): The price bottoms out around block 140,000 (2/3 of the halving cycle).
This pattern suggests that the bull run and bear market phases each last approximately 1/3 of the halving cycle. We are currently in the early stages of a new bull run, having just passed the "Spring Equinox" point where the cyclical wave crossed above the long-term trend line.
Additional Notes:
This pattern has been observed in past cycles and appears to be repeating.
This analysis is based on the observation of cyclical price movements and their correlation with the halving events.
It's important to remember that Bitcoin's price is influenced by multiple factors, and this pattern is not a guarantee of future performance.
You may add this indicator freely to you favorites.
Bitcoin Rainbow Wave
It includes the Power Law (Logarithmic Trend), the Rainbow Chart and the Bitcoin Wave model all in one adjustable indicator. I will use it for further updates.
Penafian
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