Bitcoin Cycle Patterns (Defined Cycles)

Cycle Definitions:

Cycle 0: Covers the period from BTC inception until the first halving (2012).
– User defines a “Cycle 0 Top” (e.g., a nominal value, since early BTC prices were very low).
Cycle 1: Runs from the 1st halving (Nov 28, 2012) to the 2nd halving (Jul 9, 2016). Its bottom is defined as Cycle 0’s top, and its top is a user input (defaulting to 18,000).
Cycle 2: Spans from the 2nd halving (2016) to the 3rd halving (2020). Its bottom equals Cycle 1’s top, and its top is defined (default 70,000).
Cycle 3: Extends from the 3rd halving (2020) to the 4th halving (2024), with its bottom equal to Cycle 2’s top and a predicted top (default 126,000).

Visual Elements:

Horizontal Lines: Dotted lines mark each cycle’s top level.
Vertical Lines: Dashed vertical lines mark the halving dates, which serve as natural cycle boundaries.
Table: A summary table in the top-right displays each cycle with its defined bottom (where applicable) and top values.

Customization:

You can modify the default cycle top values through the indicator’s settings to match your analysis.
The halving dates are fixed (UTC), but you may adjust them if needed.