Something to keep in mind: BITCOIN takes an average of 36 weeks to break above previous all-time highs (ATHs) after halving years.
Considering this, the next potential breakout could be around January 2025. There’s still a long way to go before any significant movement, according to this metric, which aligns with historical trends. I believe people are overly anxious since we've been trading near ATH levels.
We can also use this to identify previous tops and bottoms. Currently, the market remains bullish, and if it triggers the next leg up, the next #Bitcoin top is projected for September 2025.
That’s just a year away!
With historical data, we can attempt to time price movements. History doesn't repeat itself, but it often rhymes...
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.