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Happy Pizza day 15th-anniversary, bitcoiners!
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$115k looks like the final resistance before the total banana!
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Bitcoin Halving Clock Visualization shows how bitcoin price follows the Wave in a spiral move. Each turn is 210k blocks. "One hour" is 17500 blocks (approximately 120 days). Last 3 cycle bottoms are around 7:30 and Last 2 cycle tops are around 4:30. Today is about 3:20. "One hour and 10 minutes left" to the expected top!
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40 years ago I won this medal!
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I began to work on the bitcoin cycle clock diagram. This diagram introduces a 'Bitcoin Cycle Clock' where the dashed line is the wave (fuchsia line) from the indicator oscillating around Bitcoin's logarithmic price trend. The visualization is oriented so that the 12 o'clock position corresponds to the indicator's cyclical maximum—typically associated with peak market sentiment or overextension. Actual price peaks within past cycles are marked by circles, providing a framework to assess current market conditions against historical patterns defined by this indicator.
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Interesting #ElliottWave scenario for #Bitcoin! 🧐 This 5-wave impulse up, followed by an A-B-C, is a classic pattern. Confluence between different TA methods is always something to watch! $BTC
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