Bitcoin’s New Super Trend Plus Key Dates For A Q4 Top
We’ve entered the Bitcoin super trend. Today, I want to share some insights into the timing of the cycle and why the risk on environment is only getting started.
In addition, I’ll talk about seasonal dates and how we can expect the next few weeks to unfold given the major US holiday and our time factors coming into play.
Finally, I reveal when and why a Q4 high is likely coming in our next time window and the exact date that will be.
Bitcoin Monthly Trend and Other Risk Signals
As I highlighted last week, in my macro report, many people believe this cycle must end sooner due to the early all time high in price expansion. However, we have no evidence price wise or time wise that this should be the case.
In each of the previous three cycles bitcoin has entered a new price discovery phase at this exact time. Like clockwork, 23 months from the bottom BTC begins what is historically, the steepest leg of the bull market.
More importantly, not one occasion over the last 15 years did the cycle fall short of 11 to 12 months in expansion after this breakout.