BTC has been going according to plan as per the usual market cycles revolving around BTC halvenings.
If you notice the BTC market cycle bottoms are locked in 65 weeks before the next BTC halvening which we are heading towards at the moment.
Market Cycles peaks occur within 75 weeks AFTER the BTC halvening.
I am expecting that BTC has put in the bottom AND starting the grind up and into the next bull cycle by October, 2022 (10/22).
We are currently in an accumulation phase which typically occurs in the first few big dips AFTER market cycle peaks. I expect that most accumulation will happen between now and October at which point some early levels of FOMO will start to show as price starts to move up and not come back down as we start nearing the next BTC halvenings at which point REAL FOMO should begin.
Obviously this is not financial advice but purely educational so that you can familiarize yourself with BTC halvenings cycles and the effects it has on price.
If you notice the BTC market cycle bottoms are locked in 65 weeks before the next BTC halvening which we are heading towards at the moment.
Market Cycles peaks occur within 75 weeks AFTER the BTC halvening.
I am expecting that BTC has put in the bottom AND starting the grind up and into the next bull cycle by October, 2022 (10/22).
We are currently in an accumulation phase which typically occurs in the first few big dips AFTER market cycle peaks. I expect that most accumulation will happen between now and October at which point some early levels of FOMO will start to show as price starts to move up and not come back down as we start nearing the next BTC halvenings at which point REAL FOMO should begin.
Obviously this is not financial advice but purely educational so that you can familiarize yourself with BTC halvenings cycles and the effects it has on price.
Comment:
Poor choice of wording on my behalf when I said "I am expecting that BTC has put in the bottom AND starting the grind up" which might sound like the bottom is already in. This is not the case and I still see potential for down unitl October timeframe. Whatever lows we see between now and October timeframe which could be ~20k, ~25k or even ~16k in case of a black swan, should be BTC bottoms.