Today I bring a study about the BITCOIN cycle:
👉🏼Note that it is possible to see 2 very similar cycles.
The first cycle lasted 49 months from top to top.
👉🏼The second cycle appears to be 80% complete. A curiosity is that we will close 49 months in January 2022.
See the graph for 21 in the first cycle. After the price finds the bottom of the channel, the price breaks the the following month and does not return below it until it touches the top of the channel.
Note that the same pattern repeats in the second cycle.
In view of this study, I am very optimistic about the future of BTC . If the study of these cycles is correct, we will have, in the not-too-distant future, the price reaching 300,000$
And what do you think of this possibility? Does it make sense to you?
Comment below and let’s follow this analysis together!
I hope I helped in some way.
Leave your like please and comment your opinion!
👉🏼If you want to talk to me, send an inbox message, or click on the footer of this post!
⚠️Disclaimer: The above comments reflect solely my opinion, this is not a buy or sell recommendation. Just a series of published studies, so that together with the community we can discuss operational tactics and techniques.
CLICK DOWN HERE!
Business News Governmental News Finance News
Need Your Help Today. Your $1 can change life.