The bull market for #Bitcoin is next, plain and simple.
Not a recession, not a bear market, or any other doom and gloom price action.
The phases on Puell Multiple make it abundantly clear that we are in the midst of the mid-top correction which comes just before the true bull run.
The same as we saw in September 2012, 2016, and 2020.
Anything else is meant to distract you from being here during the best price action crypto has to offer, which is coming soon enough.
The Halving Cycles Theory Red Year (Bull Market) begins after November 28th, 2024, and will last through November 28th, 2025.
This cycle, I will be keeping the closest eye on layer 6 for the #Bitcoin cycle top.
By the Halving Cycles Theory date of +/- 21 days from November 28th, 2025 here are the prices of the top 3 bands:
Layer 7: 180k
Layer 6: 130k
Layer 5: 94k
The layer 6 price of 130k lines up with around 5 other price experiments that I have performed for the cycle top.
Even though most examples have been able to achieve layer 7, it is better to stay more on the conservative side as these models can fail.
Ultimately, we will watch data to see which band is most relevant when the time comes!
Bitcoin looks set for 130k by late 2025.
The most probabilistic outcome is a rally for the history books
The market has assigned this as the least probabilistic outcome
What a time to be alive
#BTC#Nasdaq#DXY
The #Bitcoin Log Regression Curves have done their job once again, and just like 2019 looks to be forming a temporary top in the white area.
When price was retesting layer 3 at 26k then, it told us 34k was next.
Then the fair value layer broke to the upside, suggesting a move to the orange-circled area like we saw in 2019.
What do they say next?
Price spends most of its time between two bands during a cycle, this cycle is layer 3 and the fair value layer.
A move back to layer 3 brings prices like $29,625.
This model was accurate in calling both previous cycle tops as well after its creation.
The top two layers are now priced at:
Layer 6: $89,062
Layer 7: $123,924
These continue to increase every week.
#Altcoins
So, the Gaussian channel for Altcoins has finally changed to green. ✅
As already mentioned, this is one of the most bullish signals you can get.
In 2016 and 2020, the green channel gave the ultimate go signal for Altcoins.
A bit of correction first, then let's go.