Bitcoin
Long

Bitcoin 2022-2024 analysis

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Now which one of these patterns goes with this chart? The blue or the red? The blue one would mean we had a 1 year bull cycle with a 3 year bear cycle that retested the previous cycle top after the entire cycle was over! I don’t believe this is the end of this current cycle, I believe this is just the first half and this was a huge bear trap before we have a top similar like 2013 or if you look at the Ethereum chart 2016 it’s the same exact crash before the real cycle. We have 2 years before the halving we aren’t going to flat stay here below the 200day ma until then. We will see another top wether it’s a blow off top of a 2020 type top that’s my conviction

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