Bitcoin's 90% of total bull cycle price move is coming

18 de fev. de 2022

For people who are bored with the market now (and I am one of them), let me remind you that Bitcoin follows Pareto's principle: 80% of its price move is made in the last 20% of the time in the bull cycle. Actually it's about 90% of the price move in the last 20% of the time in the bull cycle.

1st Bull Cycle: 7/18/10 $0.06 beginning of trading on exchanges
3/31/11 $0.78 End of intermediate wave (4)
6/9/11 $31.90 Bull Cycle top
97.7% of the total price move was made from the end of intermediate wave (4) to the bull cycle top. That amount of time was 21.5% of the total bull cycle time.

2nd Bull Cycle: 11/18/11 $2.01 Bear market low
7/6/13 $65.00 End of intermediate wave (4)
11/30/13 $1177.19 Bull Cycle top
94.6% of the total price move was made from the end of intermediate wave (4) to the bull cycle top. That amount of time was 19.7% of the total bull cycle time.

3rd Bull Cycle: 1/14/15 $163.88 Bear Market low
7/16/17 $1814.76 End of intermediate wave (4)
12/17/17 $19764.51 Bull cycle top
91.6% of the total price move was made from the end of intermediate wave (4) to the bull cycle top. That amount of time was 14.1% of the total bull cycle time.

4th Bull Cycle: 12/15/18 $3148.33 Bear Market low
1/24/22 $33025.14 Probable End of intermediate wave (4)
12/15/22? $250000? Bull Cycle Top?

The average of the first 3 cycles was 94.6% of the move was made in the last 18.4% of the total bull cycle time. Let's test a 12/15/22 top at $250,000: If that was the top date and price, then would it roughly fit in with the first 3 bull cycles?
87.9% of the total price move would be made from the probable end of intermediate wave (4) to the bull cycle guessed top date and price. 1/24/22 to 12/15/22 would be 22.3% of the total price time.

That would be a rough fit in time and price move percentages to the first 3 bull cycles.
It may seem boring now, but exciting times are coming later this year IMO.