BitcoinLong
Bulls & Bears cycles of #Bitcoin.
Good day, dear investors.
We present to your attention the analysis of the last 2 #Bitcoin growth cycles and the forecast for the beginning of the bear cycle.
The data demonstrated a surprising coincidence of numbers:
- the bull cycle (the growth of the asset from the minimum quote, to which the asset has not returned) is 1050 days on average.
- the bear cycle consists of 365 days on average.
At the same time, with each cycle, the depth of the asset correction also decreases:
- 2017/2018 loss of 85% of the value of Bitcoin and 95% of Ether.
- 2021/2022 loss of 75% of the value of Bitcoin and 80% of Ether.
Our conservative forecast for the value of Bitcoin is 150,000. A positive forecast, in the event of the adoption of the "Law on the Strategic Reserve" - 250,000.
William Abagnale
Cryptanalyst of Vokcapital.
We present to your attention the analysis of the last 2 #Bitcoin growth cycles and the forecast for the beginning of the bear cycle.
The data demonstrated a surprising coincidence of numbers:
- the bull cycle (the growth of the asset from the minimum quote, to which the asset has not returned) is 1050 days on average.
- the bear cycle consists of 365 days on average.
At the same time, with each cycle, the depth of the asset correction also decreases:
- 2017/2018 loss of 85% of the value of Bitcoin and 95% of Ether.
- 2021/2022 loss of 75% of the value of Bitcoin and 80% of Ether.
Our conservative forecast for the value of Bitcoin is 150,000. A positive forecast, in the event of the adoption of the "Law on the Strategic Reserve" - 250,000.
William Abagnale
Cryptanalyst of Vokcapital.
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