This analysis is based off of:
- historical data;
- trend analysis;
- previous cycles near halving; &
- laying multiple different analysis together to obtain confirmation of a best estimated time of for the bottom.
Note: This is subject to known unknowns; such as outside variables and black swan events (small or large) that may shift the market price of
Note
This is an extremely weak support (at $36900) time-base calculation only (for 2024-02-11 specifically). However, I did some additional price analysis (aside from the time-based) and it seems that that $29000 to $29999 is also very possible (more support with a slightly longer timeline). It is worth pointing out that (general speaking) $30000 minus a 13.5% annual estimated high annual inflation number would result near a: $26431 zone. Also, for just a 13.5% annual high inflation example adjustment calculation: $25950x1.135= $29453.25
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(click to play)

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DCA limit buy $39866.60 (target next 30 days)$42166.60 and $41266.60 are close also.
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4h (click to play)

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recent DCA peaks: 2023-12-08 ; 2024-01-01; 2024-01-08; 2024-01-30; & 2024-02-07Note
The 8th (increase) to 12th (decrease) of 2024-01.Now the 8th (increase) to 12th (decrease) of 2024-02 'may' repeat.
However, I expect that the 12th 'can' be the next bottom's end.
Note
$150000 to $250000 is still very possible for 2025Publications connexes
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.