This is just a fun chart to highlight the timing of the last two market cycles mainly.
When comparing the timing from one bottom to the next (which I consider a market cycle) you can see how close the last two cycles have been.
Also, when you compare the timing between the different events - Bottom to Halving - Halving to Peak - and Peak to Bottom, the timing is also very close there as well.
So far, it looks like the timing between the low set on November 21, 2022, and the next halving, which is estimated to take place sometime in mid-April, will again be very close to the last two cycles. We'll have to see if the timing of the rest of the market cycle is also close to the past two cycles.
Whether it plays out that way or not, it should be an amazing ride!
*Not financial advice*
Although the bottom was set back on November 21, 2022, and BTC has now pretty much doubled in price, there is still plenty of time to DCA into a nice BTC position for the next bull market. Many altcoins are still close to their bottoms, so anyone wanting to build altcoin positions also has plenty of time to DCA.
When comparing the timing from one bottom to the next (which I consider a market cycle) you can see how close the last two cycles have been.
Also, when you compare the timing between the different events - Bottom to Halving - Halving to Peak - and Peak to Bottom, the timing is also very close there as well.
So far, it looks like the timing between the low set on November 21, 2022, and the next halving, which is estimated to take place sometime in mid-April, will again be very close to the last two cycles. We'll have to see if the timing of the rest of the market cycle is also close to the past two cycles.
Whether it plays out that way or not, it should be an amazing ride!
*Not financial advice*
Although the bottom was set back on November 21, 2022, and BTC has now pretty much doubled in price, there is still plenty of time to DCA into a nice BTC position for the next bull market. Many altcoins are still close to their bottoms, so anyone wanting to build altcoin positions also has plenty of time to DCA.
Comment:
Since I used a weekly chart some of the dates on the bottom might be a few days off. However, I calculated the timing based off of the exact dates when they occurred.