The most overvalued market in 100 years.
Retail is still buying like nothing is wrong.
100 out of 100 years showed the same thing:
This pattern has NEVER failed.
The S&P 500 is already following it.
→ Dot-com bubble
→ Housing bubble
→ AI bubble
And SpaceX is the final liquidity event before it all breaks.
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@BobLoukas Based on what you're seeing till now in this cycle, what is it telling you? Does it contain signs of it being a shorter cycle? A longer one? How do you think the big money entering the crypto world can affect the cycle's life?
#BTC
If history repeats...
Next Bull Market peak may occur 518-546 days after the Halving
That's mid-September or mid-October 2025
$BTC #Crypto#Bitcoin
#BTC
4 Phases of The Bitcoin Halving
1. Pre-Halving Rally
Approximately 42 days remain until the Bitcoin Halving in April 2024
And ~60 days before the Halving, a Pre-Halving rally tends to occur (light blue)
History has repeated in this respect
Now, Bitcoin is approximately halfway through its Pre-Halving Rally phase
In anticipation of the Halving, investors "Buy the Hype" in an effort to "Sell the News"
Short-term traders and speculators "Buy The Hype" several weeks before the Halving in anticipation of making a profit from this hype-fuelled rally
Then these speculators "Sell The News" to realise that profit, contributing to a Pre-Halving retrace which occurs only a handful of weeks before the Halving event itself
2. Final Pre-Halving Retrace
After the Pre-Halving Rally has concluded...
A Pre-Halving retrace tends to occur a few weeks before the Halving event itself (dark blue circle)
In 2016, this Pre-Halving retrace was -38% deep
In 2020, this Pre-Halving retrace was -20% deep
This Pre-Halving retrace can last multiple weeks and up to 77 days
3. Post-Halving Re-Accumulation
The Pre-Halving retrace is followed by multi-month re-accumulation (red)
This period can last up to 150 days (i.e 5 months)
Many investors get shaken-out in this stage due to boredom, impatience, and disappointment with lack of major results in their BTC investment in the immediate aftermath of the Halving
4. Post-Halving Parabolic Uptrend
Once Bitcoin breaks out from the re-accumulation area breakout into the parabolic uptrend (green)
It is during this phase Bitcoin experiences accelerated growth on its way to new All Time Highs
This phase tend to last just over a year (~385 days)
$BTC #Crypto #Bitcoin
Soon most alt coin charts will look like this chart. Attack the 200 Week EMA #win#altcoins
Usually, when we see a 20 & 55 EMA golden cross, the price falls back to it as confirmation of support. ⏳️
Target coins that have not yet created a golden cross on the weekly. I do have a list of them on my website.
This is my primary and alternative counts at the moment for $btc.
If we fail to see the break of the all time high before the halving for #bitcoin I think we could begin to entertain the alternative.
I would welcome the alternative with open arms.
It would actually lead to a longer #crypto #bullmarket.
My primary count still remains that we are about to go into a blow-off top that ends over the next few months possibly July which is a shorter #crypto bullmarket than most anticpate.
As always I wish you the best of luck CKC.
I highly respect this mans work and you should too.
This is now my bullish alternative if we do see #btc rollover at this point. What may adding confluence to this scenario is the 5 waves up we are seeing in alt coins. #link#vechain and co.
If we see this I think alot of people would think #btc is in a bear market again.
Always have an alternative CKC.
I will immediately end the war, not prolong it by dragging other countries into wasting their money along with ours. We need to stop spending hundreds of billions on a proxy war and invest in our own country. #Kennedy24