"The last two cycles topped on day 1,059 and 1,068, and yet the current cycle topped on day 1,062. So, Bitcoin topped within 1 week of when it historically tops. Despite the narratives for calling the 4-year cycle dead."
Predictions closed
For informational purposes only. Not investment, financial, legal or tax advice. Full disclaimer
… how the tops line up in time, almost to within a week of each other. You could also look at it from the 2018 bottom and see the same thing, that if you actually overlay these bull markets, they topped all around the same time. And so, there's a chart that looks at this, it's this one. This one does it a little bit more precisely. You can see that the last two cycles topped on day 1,059 and 1,068, and yet the current cycle topped on day 1,062. So, Bitcoin topped within 1 week of when it historically tops. Despite the narratives for calling the 4-year cycle dead. If you extend it out to the next low, it would suggest that there is still some bear market ahead of us. That doesn't mean that Bitcoin has to go to $10,000. I'm not saying that. I'm just saying that in terms of a time-based capitulation component, I would expect a a another sell-off by Bitcoin as we get, you know, as we continue on through the ye …