CRYPTO NEWS - Bitcoin Will Rise Until The End Of 2022
CRYPTO NEWS - Bitcoin Will Rise Until The End Of 2022
0:12 Intro
01:45 Crypto News
03:17 Bitcoin News
05:48 Crypto Market News
07:15 Bitcoin technical analysis
08:17 Outro
There are several ways to measure bitcoin's cyclicality: from halving to halving, peak to peak, bottom to bottom, and so on. In this article, we look at the structure of the four bull markets, taking into account the movement from an absolute low to an absolute high per cycle. The periods of a bear market - the movement from the peak to the low - are less relevant to us.
We assume that the price dynamics of bitcoin on the macro level is characterized by cyclicity, but it is no more than a hypothesis. Based on this assumption, it is possible to draw conclusions about how the price will behave in the future. However, these forecasts can turn out to be false or not justified.
Analysts distinguish four bullish cycles in bitcoin history, measured from absolute minimum to absolute peak, including the so-called initial cycle (cycle 1). Each is characterized by a specific length (in weeks, blue) and maximum return on investment (ROI, in percent, green).
The values highlighted in light green refer to the current cycle, which has not yet ended. If the absolute peak of this cycle is the current high (ATH) at $69,000, these values will not change again. However, if bitcoin renews its record in the near future, the light green values will help estimate where the cycle is now.
#crypto #bitcoin #cryptocurrency
0:12 Intro
01:45 Crypto News
03:17 Bitcoin News
05:48 Crypto Market News
07:15 Bitcoin technical analysis
08:17 Outro
There are several ways to measure bitcoin's cyclicality: from halving to halving, peak to peak, bottom to bottom, and so on. In this article, we look at the structure of the four bull markets, taking into account the movement from an absolute low to an absolute high per cycle. The periods of a bear market - the movement from the peak to the low - are less relevant to us.
We assume that the price dynamics of bitcoin on the macro level is characterized by cyclicity, but it is no more than a hypothesis. Based on this assumption, it is possible to draw conclusions about how the price will behave in the future. However, these forecasts can turn out to be false or not justified.
Analysts distinguish four bullish cycles in bitcoin history, measured from absolute minimum to absolute peak, including the so-called initial cycle (cycle 1). Each is characterized by a specific length (in weeks, blue) and maximum return on investment (ROI, in percent, green).
The values highlighted in light green refer to the current cycle, which has not yet ended. If the absolute peak of this cycle is the current high (ATH) at $69,000, these values will not change again. However, if bitcoin renews its record in the near future, the light green values will help estimate where the cycle is now.
#crypto #bitcoin #cryptocurrency
