BitcoinLong
Bitcoin halving cycles
It is no secret that bitcoin has been one of the best BTCUSD predictors.
But when halving cycle factor weakens and a downtrend starts? From the previous halvings it seems that price peak takes place within the next ~500 days from halving.
And if we calculate price change between close price of the month in which halving took place and the cycles max price, we can notice that in the next cycle this growth percent is 3-5 times lower that the previous one. Sure, each cycle the more capital comes in and Bitcoin becomes "heavier". Price x2 10 years ago meant like $4 bln. change in market cap, now it is a $2 trln change.
Also you can notice that in this halving cycle by the time of the halving price has already made a new ATH.
Therefore i think that in this cycle ATH will be 115k-200k, and we need to start taking profits in April-Aug 2025.
Let's see how this turns out.
BTCUSD predictors.But when halving cycle factor weakens and a downtrend starts? From the previous halvings it seems that price peak takes place within the next ~500 days from halving.
And if we calculate price change between close price of the month in which halving took place and the cycles max price, we can notice that in the next cycle this growth percent is 3-5 times lower that the previous one. Sure, each cycle the more capital comes in and Bitcoin becomes "heavier". Price x2 10 years ago meant like $4 bln. change in market cap, now it is a $2 trln change.
Also you can notice that in this halving cycle by the time of the halving price has already made a new ATH.
Therefore i think that in this cycle ATH will be 115k-200k, and we need to start taking profits in April-Aug 2025.
Let's see how this turns out.
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