The most important chart of them all!

in #btc6 years ago (edited)

Today is day 413 of the current bear market. Why is that important you ask? Well, see for yourself...

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click to enlarge

I am not saying that the low is already in (it may be in), but I think we are close to the low of this cycle (4 months away at max, is my prediction).

It is really astonishing to observe, that the cycle highs seem to appear in a 4-year rhythm, with the high close to the end of 2014, 2018 and now presumably 2022. That is perfect symmetry!

If you managed to hodl your coins until now, it would be really stupid to sell now.

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If you think this to be useful information:
DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk.gif
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Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.
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Please consider leaving a comment, like or resteem, if this post entertained you or helped you see things differently...

Have a nice day :-)

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Let's hope that it's true and that it will go up soon.
I am planning to buy a bit more in the next weeks so I hope that I can buy enough while it's still low

Posted using Partiko Android

Amazing to think how much we can make here if steems price in satoshis goes up and bitcoIn price goes up we’ll be making a killing

I don’t think we’ve seen bottom yet, however close.
Think we likely see 2500/2600 something to scare the shit out whoever is left first.. however we might see 5/6k first then final capitulation to 2500 then a reversal back.. 🤔

Fully agree. I think we have already touched the bottom despite market sentiment is still negative

Posted using Partiko iOS

Patience will pay off. Resteemed.