Why I believe the Real BTC ATH is this time next year
Lots of evidence points towards current PA following the 2013 - 2017 Fractal including Aug, Sep, Oct Monthly Candle close colours for 2023 and 2024. identical to those of 2015 and 2016 - as has been posted here on TV
Also as can be seen on chart, the day count between ATH's
https://www.tradingview.com/x/ofTnhLIO/
The 1st ATH in March 2021 was NOT the real one and was a result of Sudden publicity and FOMO. The same may happen again this time round.
Look at the ATH dates, November or December
But one of the biggest reasons is a technical issue called "OverBought"
The recent push up and possibly the continued push WILL require PA to reset at some point and the push high from Jan 2023 to the ATH in March this year ( which is NOT the end of a bull run ATH ) required PA to reset for MONTHS, in fact, it took from March 2024 to Oct 2024 before MACD has reset enough to be able to make a new move. 8 Months
We are VERY likely to do the same
We also have the day count between Halving and ATH to take into account. and this works out too..
Final ATH in Autumn / Winter 2025
There is so much more involved in this too that I will not explain here.
You have seen my previous charts, you will know.
HOWEVER, Real world events are making a huge difference and with the arrival of new Ethics concerning Crypto worldwide, things may change.
But for now, I continue with the 2013 to 2017 ATH fractal....It works, it fits
Look at the chart
Look at the numbers
Also as can be seen on chart, the day count between ATH's
https://www.tradingview.com/x/ofTnhLIO/
The 1st ATH in March 2021 was NOT the real one and was a result of Sudden publicity and FOMO. The same may happen again this time round.
Look at the ATH dates, November or December
But one of the biggest reasons is a technical issue called "OverBought"
The recent push up and possibly the continued push WILL require PA to reset at some point and the push high from Jan 2023 to the ATH in March this year ( which is NOT the end of a bull run ATH ) required PA to reset for MONTHS, in fact, it took from March 2024 to Oct 2024 before MACD has reset enough to be able to make a new move. 8 Months
We are VERY likely to do the same
We also have the day count between Halving and ATH to take into account. and this works out too..
Final ATH in Autumn / Winter 2025
There is so much more involved in this too that I will not explain here.
You have seen my previous charts, you will know.
HOWEVER, Real world events are making a huge difference and with the arrival of new Ethics concerning Crypto worldwide, things may change.
But for now, I continue with the 2013 to 2017 ATH fractal....It works, it fits
Look at the chart
Look at the numbers
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.