Long term analysis of BTC based on a lengthening of the cycles, with a peak of this cycle around end 2012, and a double peak figure like we had in 2013 but slower and less volatile.
If we rather follow a 4 year repetitive cycle, then the log channel will be invalidated soon and we should end up this cycle by the end of the year, with a BTC price around 250k - 300K.
But I still think we will have one more leg to form a blow off top and after that we should have a long correction of BTC to reset all indicators, before we can finish this cycle. BTC went to fast too strong, a bit like it was the case in March-July 2019. Also, several long term indicators are about to show that BTC will become overheated soon, especially if we have a strong surge in BTC price (MVRV Z score, Net Unrealized Profit/Loss (NUPL), Mean dollar invested age, Pi cycle top, ...)
Blue line = Halving.
Green line = beginning of alt season (sustained drop in BTC dominance).
Red line = end of alt season 2017 (+2021?).
If we rather follow a 4 year repetitive cycle, then the log channel will be invalidated soon and we should end up this cycle by the end of the year, with a BTC price around 250k - 300K.
But I still think we will have one more leg to form a blow off top and after that we should have a long correction of BTC to reset all indicators, before we can finish this cycle. BTC went to fast too strong, a bit like it was the case in March-July 2019. Also, several long term indicators are about to show that BTC will become overheated soon, especially if we have a strong surge in BTC price (MVRV Z score, Net Unrealized Profit/Loss (NUPL), Mean dollar invested age, Pi cycle top, ...)
Blue line = Halving.
Green line = beginning of alt season (sustained drop in BTC dominance).
Red line = end of alt season 2017 (+2021?).
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免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。