This wave of Bitcoin is heading for a new high!

Today I will continue to release milk for everyone. I have been emphasizing to everyone some time ago that you should not fantasize that Bitcoin will fall sharply. The probability of a new low is too small. Only ETH can be washed down briefly after passing ETF.

We may already be in the second half of the bull market that everyone is thinking about:

Some people may say that there will be a big bull market only if there is money release?

First of all, everyone should know that this money release is different from the one in 2020. The intensity and frequency will most likely be weakened. The biggest benefit is the funds' renewed support for ETFs, because large-scale institutions have entered the market since 2020, and the interest rate cut has become more and more relevant to Bitcoin. In the previous rounds of Bitcoin, it has been running along its own growth law. The funds from the interest rate cut are just adding wings to the tiger. It is the inevitable result of entering the history of the main world. It is one of the driving factors, but not the only one.

So I think that we should look at the coming and going of the market in stages.

There are actually many positive factors that push new highs in this wave, including the inflow of ETF funds, the positive funds paid by FTX, the presidential election, the positive cycle law (a few months after the halving), etc. These factors can all produce a phased market, and the same is true for altcoins.

Let's analyze the following figure:

The Fibonacci ratio values ​​below can not only be used as a reference for prices, but also for the halving timeline of these cycles, and the trend and rhythm of future market trends can be calculated.

The red circle corresponds to the value 0.236 (the first top) March 2025

The orange circle corresponds to the value 0.382 (the final top) October 2025

The light green circle corresponds to the value 0.5 (mid-bear market) April 2026

The dark green circle corresponds to the value 0.618 (bear market bottom) September 2026

The blue circle corresponds to the value 0.786 (the first peak of the bear-to-bull transition) May 2027

The gray circle represents the halving time point

The next halving is expected to be on March 24, 2028.

The above are the charm of this picture.

So I think this wave of market conditions can continue intermittently until the first quarter of next year, and there is a high probability of seeing more than 100,000 Bitcoins!