546 days have passed. Is the next bull market of BTC about to start?

Looking back at history, we found an interesting rhythm:

The peak of the red column in 2015 to the peak of the bull market in 2017: 753 daysThe peak of the red column in 2019 to the peak of the bull market in 2021: 703 days

Now, 546 days have passed since the peak of the red column in 2023. If the historical rhythm continues to work, will the next peak be approaching quietly?

We interpret the chart, details are the key!

The black line in the figure: represents the price of BTC. Before the past two bull markets, the price experienced consolidation and explosion after the peak of the red column. The blue line (350-day moving average): reveals the long-term trend of the price. It is currently rising steadily, and the bull market structure has quietly emerged. The orange line (the previous high value of the blue line): is the key pressure line of the historical high of BTC. Every time the orange line is broken in the past, the price will enter a real acceleration stage. The red column: visualizes the blue-orange gap. The higher the column, the more bullish potential it represents.

Lao Chen's opinion: Will history repeat itself?

From past data, BTC always reaches its peak within two years after the peak of the red column. Although history may not be simply replicated, from the rhythm to the graphic structure, it is hinting that the bull market may still be on the way.

The 546-day node indicates that this journey has been more than halfway through, and more catalysts may be needed in the future, such as ETF landing, large capital inflows or macroeconomic policy easing, in order to blow the real charge!

Under the red column, opportunities are everywhere! Follow Lao Chen, the bull market rhythm will help you navigate the market with ease! !!

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