ConanH

ConanH

I extrapolated the data to 2032 because it's fun. Cycles peak at $500k end of 2024, $5 Million in 2028, and $66 Million in 2032.

ConanH Updated 

Each of the last 2 cycles peaked at 3500% when measured from the bottom trendline of the channel where it is in line with lift-off candle after the cycle low. One could argue the 2017 high was over exuberant and the 2018 low wasn't deep enough. 3500% from the January 2023 lift off quarterly candle puts this cycle peak at $500k in October 2024. Also noticed that in...

ConanH

A Bitcoin cycle is measured from low to low. BTC lows consistently occur at 47 months after the previous low. If this pattern continues, the next two lows should hit in October 2026 and September 2030. As described in my previous publication (BTC $500k by October 2024), I noticed there has consistently been a 3500% rise from the lower channel line where a lift-off...

ConanH

Cycle peak $$ value is a guestimate, will use pi cycle top indicator for guidance. Credit to Bob Loukas.

ConanH

In a Bull Market, 20 wk MA acts as support. In a Bear Market, it acts as resistance.

ConanH

In a Bull Market, 20 wk MA acts as support. In a Bear Market, it acts as resistance.