About the top of this Bitcoin cycle
Sharing a relatively interesting perspective
As shown in the figure below, it can be clearly and intuitively seen
The 2017 cycle experienced 31 trend months K from the bottom of the bear market to the peak of the bull market
The 2021 cycle experienced 32 trend months K from the bottom of the bear market to the peak of the bull market
This cycle has experienced 30 trend months K from the bottom of the bear market to the current peak
Interestingly, in the previous two bull market cycles, the monthly trend stopped around 30 K lines.
Currently, from the perspective of monthly K, Bitcoin's climbing slope has become increasingly steep
Although I do not believe that this large cycle's bull market will end with more than 30 monthly K
After all, the market's incremental structure has become more complex, no longer as simple as before
But I think the market will have a period of silence to digest this round of increase and build up energy for the next stage
Altcoins are indeed not easy; without Bitcoin's market, the sentiment for altcoins is difficult to sustain.
Just keep waiting; aside from waiting, there are no shortcuts. I believe the real big show is still at the end of the year.
