Depending on the amount of sideways PA we see on bitcoin, the cycle may be longer or shorter. This chart is meant as a high level view of the situation to demonstrate how little time we have now that the 2024 halving has just passed. If we think targets of over $100,000 USD per bitcoin is possible, let your mind fill in the few months between now and then on...
This is a potential short cycle target for Bitcoin as we continue to follow this bullish parabola.
The long potential cycle if we do break sideways / down and have a prolonger recovery is shown in red zone.