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2023 will be a crab walk. Volatile, highs and lows.
Donโt get fooled by some thinking that weโll see a #bullmarket this year, thatโs pure Bullshit!
2024 is when the FUN begins. Until then, Iโm stacking the lows and looking to sell atโฆ twitter.com/i/web/status/1โฆ
2023 will be a crab walk. Volatile, highs and lows.
Donโt get fooled by some thinking that weโll see a #bullmarket this year, thatโs pure Bullshit!
2024 is when the FUN begins. Until then, Iโm stacking the lows and looking to sell atโฆ twitter.com/i/web/status/1โฆ
Why 2024?
Thatโs when the $BTC halving will take place and after every halving thatโs when #Bitcoin goes parabolic and ๐ to the ๐
Thatโs when the $BTC halving will take place and after every halving thatโs when #Bitcoin goes parabolic and ๐ to the ๐
Iโm estimating that we will hit the new ATH about 540/550 days AFTER the $BTC halving.
When is the #Bitcoin halving?
According to @coingecko April 2024 (estimate), 355 days away.
When is the #Bitcoin halving?
According to @coingecko April 2024 (estimate), 355 days away.
According to #binance itโs 20 days earlier, 334 days away.
There will be some discrepancies as the halving isnโt based on an actual date, rather on the block height.
There will be some discrepancies as the halving isnโt based on an actual date, rather on the block height.
What about now until halving?
In the last cycle, after the #bearmarket bottom was in, we saw:
1. A massive rally
2. A massive crash
All BEFORE the BTC halving.
That time span (from bottom to BTC halving) took a total of 518 days.
In the last cycle, after the #bearmarket bottom was in, we saw:
1. A massive rally
2. A massive crash
All BEFORE the BTC halving.
That time span (from bottom to BTC halving) took a total of 518 days.
Assuming we hit the bottom in 21 Nov 2022, and we follow the same data pattern as last cycle, 518 days from the bottom will take us to 22 April 2024 (the halving)
Thatโs roughly inline with #Binance and #Coingecko estimations.
Thatโs roughly inline with #Binance and #Coingecko estimations.
Prices start slowly picking up 2-3 months before the actual halving. Do factor that in when planning.
Based on that, Iโd say DCA time is from now until Jan 2024.
Based on that, Iโd say DCA time is from now until Jan 2024.
When new ATH time?
Based on the last cycle, it took 546 days to peak at the new ATH, AFTER the BTC halving.
Assuming BTC halving takes place on 22 April 2024, then the new ATH will be estimated on 20 Oct 2025
Based on the last cycle, it took 546 days to peak at the new ATH, AFTER the BTC halving.
Assuming BTC halving takes place on 22 April 2024, then the new ATH will be estimated on 20 Oct 2025
This analysis is based on historical data and there is room for error. Itโs not an exact science, but often historical data does seem to rhyme!
Itโs not financial advice so donโt max out a loan and Fck yourself up! Use this as a guide and cross reference with others.
Itโs not financial advice so donโt max out a loan and Fck yourself up! Use this as a guide and cross reference with others.
Thank you!
Please like, follow and RT ๐
Share with others and prepare yourselves for the life changing GAINS to come! ๐ ๐ฅ
#crypto #cryptomarket
Please like, follow and RT ๐
Share with others and prepare yourselves for the life changing GAINS to come! ๐ ๐ฅ
#crypto #cryptomarket
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