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Technical analysis by NoSecondBest about Symbol BTC: Sell recommendation (9/13/2024)

https://sahmeto.com/message/2602858
NoSecondBest
NoSecondBest
Rank: 24837
1.5
Sell،Technical،NoSecondBest

Since inception, Bitcoin have been doing 4-year cycles matching with it's halving cycle.The pattern have been 3 years bull market followed by a 1 year bear market.So far there have been 3 of these 4-year cycle.We posit that the last 4 year cycle will be the reverse.1 year bull market follow by a 3 years bear market.Note: The Dotcom Bubble had a similar 16 year cycle.For this chart pay attention to the x-axis (Time). Time is more important here. The essence of this chart doesn't change with log scaling. I use linear to give the present time higher precedence.Didn't work on. March 2024 was not the TOP.

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Signal Type: Sell
Time Frame:
3 روز
Price at Publish Time:
$58,190.77
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