Technical analysis by blastin06 about Symbol BTC: Buy recommendation (12/3/2023)

Peaks have been approx. 1 and 5 months after the halving. The next halving is due to arrive close to April 24, 2024. I am predicting next top between June to October 2025. *From the previous cycle low to the price when the halving happened was approx. 3x *3x from this cycle low will put BTC at approx. 48K *The previous cycle high was approx. 7.5 times higher then the price of BTC at previous halving * 48K x 7.5 = $360k (On a personal side note, the reason I am publishing this is because at the beginning of the year I fiddled around using trend lines and what not to take a stab at when at what the price was going to be at the next top. As much as I love and believe in BTC I have the foresight that at some point in the future BTC needs to become a stable asset and the gains that we all love so much will slowly grind to a crawl. With that being said I am predicting a gradual slow down in the extreme highs we get on the bull runs. (graph link below **-- I guess I cant do a graph--**) With that mindset on the logarithmic scale shows curved range highs and lows that extend out into the future. This also had shown a high of just about $360k which I thought at the time was a bit high and lowered my guess to $330k. I was a bit surprised that these two ways along with a third I had done awhile ago are all pointing towards the same point. I have also begun to hear other investors call out the $330k point as their high. ) The graph is messy, and after all since no one can tell the future the exact dates do not matter as much as where the graph is pointing.