ox

#Bitcoin    Cycle Analysis

TL;DR: Beware of a Shakeout that’s coming!

_
I see the bulls are euphoric as #BTC    spent one month trading above $32k.

But just when everyone gets super bullish, the market slaps them in the face 👋

I think soon we'll have a fairly significant pullback. Why? 👇

Let’s compare all 3 cycles:
⬛️ Black - post 2012 halving Cycle
🟦 Blue - post 2016 halving Cycle
🟥 Red - post 2020 halving Cycle

As you can see, #BTC     tops out and bottoms around the same time in cycle.

After the Bear Market Bottom (Accumulation phase) we have a similar Relief Rally 📈

Then a long and boring correction follows (Cooling off phase, re-accumulation)

Then we break out violently to the upside again (+82% in 2016, +63% in 2020. Now we're up +54% so far).

Interestingly, this pump usually occurs 1250-1270 days after the #Halving . I call it the Pre-halving Rally.
Those who didn’t expect this pump start to feel serious FOMO, because now everyone’s screaming that this is THE Bull Run, ‘THE HALVING IS COMING BRO’

And just when everyone turns bullish, the market slaps hard! 👋
-40% in 2016 & crazy -63% in 2020. We are yet to find out how hard the market will slap the late bulls this time. I think it can be something between -35-45% 📉

I call it the Ultimate Shakeout before THE BULL RUN 🚀