Potential growth timeline for BTC based on previous 4-year cycles:
Each cycle consists of:
- ~150 weeks of uptrend, followed by ~50 weeks of downtrend
- Uptrend decreased by 75% compared to previous uptrend
- Downtrend tends to be about ~80% from uptrend's high
- Uptrends tend to go parabolic once the 26 week MA has been reclaimed, which also seems to coincide with BTC block halving
Next 4-year cycle has started and if all goes to plan, by the end of 2021, we will see highs of $100,000, followed by a bear market back to $20,000 by 2023
Inspired by Bob Loukas: youtube.com/watch?v=ivWdOztDkv4
Each cycle consists of:
- ~150 weeks of uptrend, followed by ~50 weeks of downtrend
- Uptrend decreased by 75% compared to previous uptrend
- Downtrend tends to be about ~80% from uptrend's high
- Uptrends tend to go parabolic once the 26 week MA has been reclaimed, which also seems to coincide with BTC block halving
Next 4-year cycle has started and if all goes to plan, by the end of 2021, we will see highs of $100,000, followed by a bear market back to $20,000 by 2023
Inspired by Bob Loukas: youtube.com/watch?v=ivWdOztDkv4
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.