elalemiami

A different aproach to Bitcoin next bull run based on TIME.

Long
INDEX:BTCUSD   Bitcoin
In this TA I want to point out how interesting BTC reacts to time between HALVING. Notice how similar the price tends to find the bottom around the 61% between one halving and the next one (its on the bottom of the picture), as well as it tends to peak around the 0.382 level. I tried to made the same path between 2024 and 2028 Halving (I did not find an exact date for 2028) so give some margin to vary. Also it seems price is correcting lower every cycle look how at first BTC bottomed above the 0.382 FIb Retracement and then was moving moving lower to that level until this cycle locating close at the 0.5 level, so next correction could be between the 0.5 and 0.61 levels. Sorry for my English.

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