All the price level and timing is based on the only thing we can info about the future is the halving date and the price on that date. Price level to I will add and the time frame I am looking to add. Also looking at the bottom green curve as support. Purple vertical is halving dates and horizontal purple line is price at halving. Looking around I hav the range of cost of production from 19k to 7k, I do not know the accuracy.
Comment:
The high and low can expand and contract but are limited by the timing between the halving.
Comment:
My main point is only look at halving price and date for prediction for the next halving price since we know the halving date.
This is only true if the pattern continues. We are currently in a new pattern because of Fed removing liquidity. To get back to the old pattern Fed must reverse and add liquidity.
This is also the first time BTC will experience a real bear cycle. BTC had its own bear cycle but not with all other speculative asset classes. This will be THE test for the survival for BTC and crypto.
This is only true if the pattern continues. We are currently in a new pattern because of Fed removing liquidity. To get back to the old pattern Fed must reverse and add liquidity.
This is also the first time BTC will experience a real bear cycle. BTC had its own bear cycle but not with all other speculative asset classes. This will be THE test for the survival for BTC and crypto.