About the peak of this Bitcoin cycle

Sharing a rather interesting perspective

As shown in the figure below, it can be clearly and intuitively seen

The 2017 cycle experienced 31 trend monthly candles from the bear market bottom to the bull market peak.

The 2021 cycle experienced 32 trend monthly candles from the bear market bottom to the bull market peak.

This cycle has experienced 30 trend monthly candles from the bear market bottom to the current peak.

Interestingly, in the previous two bull market cycles, the trend of the monthly candles stopped around 30 candles.

Currently, from the perspective of monthly candles, Bitcoin's ascent has become increasingly steep.

Although I don't believe that the bull market of this large cycle will end after more than 30 monthly candles

After all, the market's incremental structure is more complex now and not as simple as before.

But I think the market will have a period of silence to digest this round of increase and prepare for the next stage.

Altcoins are indeed not easy; without Bitcoin's movements, the sentiment for altcoins is difficult to sustain.

Let's continue to wait; apart from waiting, there are no shortcuts. I believe the real drama is still at the end of the year.