AleksDu

Market cyclicality BTC

Long
BITFINEX:BTCUSD   Bitcoin
Market cyclicality 📈

Let's delve into the world of cryptocurrency analytics and conduct a deep analysis of patterns in the Bitcoin market. At the core of this investigation lies the fundamental theory of cyclicality, which is a fundamental part of its dynamics.

We'll conduct a retrospective analysis of the past decades and focus on three main 🚀 markets. It's clear that each upswing is accompanied by unique characteristics, but there's a key pattern: as we approach peak points, price corrections are observed, often ranging from 20-30%. But then comes a period of rapid growth, leading to significant gains, up to 200% and more.

Target: $170,000. This figure isn't just a numerical abstraction; it's rather a point reflecting a legendary moment in Bitcoin's history based on the theory of cyclicality. Achieving this price could be a landmark event indicating market evolution and its powerful trends.

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