@Rager@CryptoHornHairs Top was in November this cycle, imo bottom range will be Oct-Dec 2022. Q1 of 2023 I can see #Bitcoin exit the bottom range and slowly begin trending upward into the halving. Don't see us staying in bottom range as long as previous cycle. Time will tell what #btc decides to do.
According to the Halving Cycles Theory, there's a maximum of 4 1/2 months left to go this cycle.
The theory states that cycle tops appear +/- 21 days from November 28th in Red Year, which is only a little over 3 months away.
Opinions on what comes next are divided.
Many people have adopted the Halving Cycles Theory and think the cycle will be over this year.
Some people think the cycle has lots of juice left in the tank and will extend well into 2026.
What do I think?
The theory hasn't let me down yet, and data seems to be aligned with it, showing room for one final major push.
So yes, I do think the cycle will be over by the end of this year, according to the Halving Cycles Theory.
But I'd be willing to bet there will be a major curveball to make everything more difficult. Either a price people don't expect (maybe lower), or slight timing differences.
Almost 3 years of waiting from me! Still holding from 16.5k.
Very excited about this report from Visa, showcasing how Chainlink is able to solve the three biggest problems of next generation smart contracts for institutional transactions, all in one platform.
1. Providing the critical data needed to properly price the assets in the transaction and enable transfer agents.
2. Connecting multiple chains to enable the value and the data of the transaction to move across multiple chains. Powering a public chain to private chain connection in this case.
3. Enabling compliance by providing on-chain identity proofs and matching them against various policies from two different jurisdictions and regulatory frameworks.
Smart contract transactions in the institutional world are complex, they require various sources of data, multiple cross-chain connections and a reliable form of on-chain identity/compliance, all of which the Chainlink standard is able to uniquely provide in one secure and reliable platform.
This transaction between ANZ and Fidelity International, two existing institutional users of Chainlink, all happening within the HKMA regulatory framework which Chainlink has now been being built work within for many years. Complicated flows like this, being executed in a compliant way, is a clear sign of the unique value that Chainlink is now able to provide.
As more top institutions adopt the Chainlink standard for data, connectivity and compliance, I expect that they will begin to transact with each other more frequently, as the friction for the institutions on this comprehensive transactional standard is much less than the cost of a transaction on institutions that are on various seperate standards with multiple ways of proving data, connecting chains and creating compliance. As more and more top institutions join the Chainlink standard for institutional transactions to happen on-chain, the network and the standards become more valuable to the current participants and the ones considering joining the transactional standard.
Excited about seeing more of these coming up and having Chainlink power the next stage of our industry's growth through mainstream institutional adoption.
https://t.co/4RApSpL6Pi
This is my favorite #Bitcoin post of all time. The entire count. Don't worry. My whale friend verified this count. He is my Elliot Wave guy.
But remember, it is all about probabilities. Nothing is certain. Models work until they break.
The people who helped me grow, when I had 1K followers, are:
@TATrader_Alan@el_crypto_prof@StockmoneyL@thescalpingpro
You guys rocks!
$BTC.D Has historically moved down considerably in the post halving (and last) year of the cycle.
This is generally when retail comes in the market and the euphoria stage occurs with inflated prices on many altcoins.
#Altcoins - TOTAL3
-Breakout Falling Wedge✅
-RSI below 30✅
-Retest Falling Wedge + Inverse Head and Shoulders forming ✅
-Leave all bears behind and head for new highs🔄
It follows the plan...👀🔥
I'll continue to update.
#Altcoins look absolutely primed for price discovery.
Life-changing money is on the table, but you're worried about whether or not Bitcoin will retest $87,000.
Get your head in the game - everything will pump.
This chart from a year ago, when #btc was 32k, predicted price at 100K at the end of this year. If you'd bought the buy zone then, you'd be up near 3x.😎