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It’s scary to think about it, take a closer look at $BTC
The first recorded highest point in the history of Bitcoin was in October 2011. There was no contract market at that time. Many people would exclude this period of history, but I will include it in the discussion.
Concatenate each downtrend between bulls and bears into a downtrend until the breakthrough begins.
1)
It fell from June 2011 to November, and began to rise slowly from December 2011 to the end of October 2012. It took 305 days to enter the bull market.
2)
November 2013 was the second bull market high, and then it fell to September 2015, and then it took 336 days to slowly rise from October 2015 to September 2016 before entering the bull market.
3)
December 2017 was the third bull market high, and then it slowed down and went sideways until March 2019. Then it broke through the downward trend in April 2019, and spent 366 days of slowing up and going sideways until it entered the bull market in April 2020.
4)
In the same way, the last bull market peak was in November 2021, and the downward trend has been broken for a long time. According to the previous inertia, on 305, 336, and 366, they were all in consolidation for about a year (the duration was extended by one month). The next bull market.
5)
If this time we enter the bull market after 397 days, it will happen to be April 2024. It is very familiar, right? April 2024 happens to be the month when the Bitcoin halving is expected to occur. ETFs have been accumulating for a long time and have not yet exploded. So to put it simply, from now to April is the time for you to prepare yourself, as a speculator. Is spring coming?
#BTC#bitcoin#blockchain#cryptocurrency#bitcoin#bitcoinhalving#bullmarket#牛Back
The first recorded highest point in the history of Bitcoin was in October 2011. There was no contract market at that time. Many people would exclude this period of history, but I will include it in the discussion.
Concatenate each downtrend between bulls and bears into a downtrend until the breakthrough begins.
1)
It fell from June 2011 to November, and began to rise slowly from December 2011 to the end of October 2012. It took 305 days to enter the bull market.
2)
November 2013 was the second bull market high, and then it fell to September 2015, and then it took 336 days to slowly rise from October 2015 to September 2016 before entering the bull market.
3)
December 2017 was the third bull market high, and then it slowed down and went sideways until March 2019. Then it broke through the downward trend in April 2019, and spent 366 days of slowing up and going sideways until it entered the bull market in April 2020.
4)
In the same way, the last bull market peak was in November 2021, and the downward trend has been broken for a long time. According to the previous inertia, on 305, 336, and 366, they were all in consolidation for about a year (the duration was extended by one month). The next bull market.
5)
If this time we enter the bull market after 397 days, it will happen to be April 2024. It is very familiar, right? April 2024 happens to be the month when the Bitcoin halving is expected to occur. ETFs have been accumulating for a long time and have not yet exploded. So to put it simply, from now to April is the time for you to prepare yourself, as a speculator. Is spring coming?
#BTC#bitcoin#blockchain#cryptocurrency#bitcoin#bitcoinhalving#bullmarket#牛Back
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After receiving the invitation from Binance Square #瀅哥 , I can also post articles and post market analysis every week.
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