Bitcoin Halving Cycles
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Bitcoin has very clear 4-year contraction cycles that it has followed in all previous years.
The peak of each cycle occurs in November-December. The bottom is formed 1-1.3 years after the top.
The lower period of consolidation usually correlates with the period of bearish cycles of 0.5-0.75, which corresponds to December 22 - June 23. Since it doesn't look like BTC has completely capitulated yet, I believe we should see a bottom in early 2023 (March-June). Most likely it will be the zone 10540-12500 (see weekly chart below).
The target for early 2024 is 25-29 thousand, which should start a new bull run towards a new all-time high in November-December 2025. Sorry, but I won't play Nostradamus trying to guess this.
Keep this table in mind so you don't become too fearful or greedy. I created it in December 2019 and it has helped me survive all these years. I hope this helps you too 🙏
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