๐พ Geek girl in the world of high-tech!
๐ป Tech-savvy, love gadgets, and always up-to-date with the hottest IT trends.
๐ก Traveling through the metaverse
Many say #Bitcoin has peaked, but when will it truly peak?
Historically, BTC enters a parabolic phase after breaking its previous ATH and peaks within months:
2013 : Peaked 273 days after ATH breakout
2017 : Peaked 233 days after ATH breakout
2021 : Peaked 328 days after ATH breakout
For the 2025 cycle, if history repeats:
233 days from breakout = June 2025
328 days from breakout = October 2025
If we witness something similar, BTC could peak somewhere between June 2025 and October 2025.
#Bitcoin | Resistance -> Support
Despite the panic on social media, #BTC is printing a standard re-test of the breakout zone.
Any basic Technical Analysis Textbook would say if we hold this zone it is considered a bullish re-test.
$BTC ๐https://t.co/2bZ8zNchgt
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If #BTC continues to follow what it did last cycle (through the lens of monetary policy), then this scenario should at least be on your radar.
The monetary policy view is in stark contrast to the cyclical view of #BTC, where it normally goes up in Q4 of the halving year.
If #BTC does go to the 100W SMA in Nov/Dec, it will likely hit 60% dominance first on a lower high, so there should be a warning sign (kind of like it's hitting 59% right now on a lower high).
If #BTC can break the lower high structure in October, then this view is invalidated.
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Q4 2024 $BTC WILL BE THE START OF MEGA BULL!
#Bitcoin we can see that the mega bull started after the 8th candle (731 days) opened from the bottom in the 3M time frame.
๐731 days between January2015 and January2017
๐731 days between October2018 and October2020
๐731 days between October2022 and October2024
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