Bitcoin through next halving - on the cusp of a new cycle

Dec 6, 2022

If BTC makes a corrective move up and re-tests this region as support - this is what we think could happen. The tops/bottoms are never 100% accurate and change as market dynamics change - but this should give us a rough idea.

Jan 17, 2023

Trade active

Jul 13, 2023

Note

Another update/snapshot

Feb 15

Note

She's a beauty isn't she? I am a bit concerned if we exceed ATH before the halving. If that happens, my gut is telling me a sharp correction (pretty steep), but a second wave closer to 2025 or into 2025

May 8

Note

Spot on accuracy through May - let's see how the rest of the year shakes out...

Aug 9

Note

Let's goooooooo! Patience my friends, patience.

Dec 12

Trade closed: target reached

Added a new resistance line via BLUE from the 2018/19 bottom through 2020 support. This view gives us greater visibility into where a top might be.

The path I laid out has followed pretty much on point. The end of this run is where the big question mark still is.

I would keep an eye on this Blue resistance line. My current feelings are that the run may extend beyond Q1 2025 and make attempts to tap that line. This then means that the top figure will end up being based around WHEN it approaches that line in 2025. I do not see it going beyond 2025 before a correction.