rafferta

BTC Market Cycle Hypothesis

BITSTAMP:BTCUSD   Bitcoin
Seems like the current cycle is running longer than the 2014-2017 one. Made some measurements based on this hypothesis.

Consolidation:

From 2013 high to the first orange line: 791 days

2017 high to the second orange line: 1001 days

ATH Projection:

Time from first orange line to 2017 ATH: 686 days

Expected time to next ATH: +/- 868 days (~Jan 2023)

Remaining time for sideways movement before next move up:

Time from first orange line: 112 days

Expected time from second orange line: +/- 141 days (~Jan 2021)
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