ManuelRD
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Bullish
🤯🤯🤯
Bitcoin at $135,000 would be the beginning of the bear market with a drop of up to 50%.
The bull cycle ends in the coming weeks, based on historical patterns.
It is trading at $123,580 two months away from a possible peak of $135,000 and the start of the bear market, which could represent a correction of up to 50% in the next two years.
This was the analysis conducted on X by cryptocurrency expert Benjamin Cowen, based on historical cycles of the king of cryptocurrencies.
If this trend is confirmed, the bullish party is close to its end and consequently the end of the hibernation of Bitcoin bears.
You can see that in 2021, Bitcoin rose in August and then found a local top at the end of August, reached the support range of the bull market, and then entered the peak of the market cycle, observed the expert.
$BTC
$BNB
Bitcoin at $135,000 would be the beginning of the bear market with a drop of up to 50%.
The bull cycle ends in the coming weeks, based on historical patterns.
It is trading at $123,580 two months away from a possible peak of $135,000 and the start of the bear market, which could represent a correction of up to 50% in the next two years.
This was the analysis conducted on X by cryptocurrency expert Benjamin Cowen, based on historical cycles of the king of cryptocurrencies.
If this trend is confirmed, the bullish party is close to its end and consequently the end of the hibernation of Bitcoin bears.
You can see that in 2021, Bitcoin rose in August and then found a local top at the end of August, reached the support range of the bull market, and then entered the peak of the market cycle, observed the expert.
$BTC
$BNB
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