gigisulivan
2 weeks of Bull run left!!
Some call for a super cycle (just like 4 years ago) some for extended bull into 2026, but unless proven otherwise, so far BTC cycles are pretty consistent in terms of when bull and bear phase tops/bottoms occur. The timeline for end of Bull the final push calculated based on previous cycles was known for a long while (you can see my previous posts or older newsletters, but it's usually around 546 days since halving), falling on around the 20th of October this year. Whether you want to believe it or not, considering we are seeing another push into ATH, those next 2 weeks are likely your best shot at taking profits and then waiting patiently around 12 months for nice low prices to re-enter the market during Bear phase. I am expecting to see Fear and Greed Index to pop over 80 just like in last days of Bull in Nov 2021. Take it as a very strong Sell signal, especially when paired with Supply % in profit running almost at 100%. That said I did not see clear Onchain signals as I would normally expect to see similar to previous cycles, although every cycle the metrics like MVRV were always trending down, just as gains for BTC also trending down from cycle to cycle. My expected top was between 150-200k, is looking less and less likely considering my estimated short time left, but that should not stop any reasonable trader/investor from taking profits at current levels regularly over the next few weeks. Another thing that never happened was the alt-season, but maybe that is for the better and we are finally going to stop seeing overhyped projects that deliver no value with extreme market caps with Bitcoin holding on to it's dominance for a prolonged time. If you are holding altcoins, don't count on 2017/18 scenario happening, where BTC topped almost a month before a surge in alts happened, it might not this time and holding a bag of useless tokens will feel much worse than cutting losses or taking smaller profits now.