👇👇 Unveiling the Bitcoin Bull Run Pattern: A Cycle of Predictable Highs 💥💥
Bitcoin’s price behavior appears to follow a hidden but consistent pattern across each of its market cycles – and few have taken note. Let’s examine the historical framework:
1. The Cycle Structure: Bitcoin's market journey begins with a peak, which transitions into a prolonged bear market. This bear phase consistently ends with a significant technical indicator: a bullish engulfing candle, signaling the potential start of a new bull cycle. Remarkably, four candles following this signal, Bitcoin has historically reached its all-time high.
2. First Cycle Insights: Approximately eleven years ago, Bitcoin reached its first cycle peak. Following a bear phase, the appearance of a bullish engulfing candle marked the transition into a bull market. Four candles later, Bitcoin achieved a new peak.
3. Second Cycle Continuity: In the following cycle, the pattern repeated. The bear market closed with a bullish engulfing candle, and precisely four candles after, Bitcoin recorded another all-time high.
4. The Third Cycle Observation: In 2021, Bitcoin's peak was followed by a bear market. Once more, the pattern held with a bullish engulfing candle, hinting at a renewed upward trend.
5. Present Position: Currently, we’re in the third candle since the latest bullish signal. If this historical cycle holds true, the next candle could bring Bitcoin to a new all-time high.
Each of these cycles underscores a distinctive alignment, suggesting that Bitcoin may be on the cusp of another substantial rally. This upcoming phase, if it adheres to historical trends, could be a defining moment for Bitcoin investors.