bulgtrader

Quo vadis BTC? What halving cycles can reveal

In this QT, the three halving cycles up from 2012 till now are compared regarding their cyclical behaviour. The comparison is based on GANN Fans with the aim to get an indication for current cycle & price movement. Gain insight from the charts & comparison: >>Each cycle has one Peak and a correction phase >>Each cycles' PEAK is reached in a shifted FAN to the previous cycle >>Each cycles' correction phase reached in a shifted FAN to the previous cycle Charts: >>Halving Cycle 2012-2016 ..PEAK reached in Fan 1/2 ..Correction phase until end of cycle went alongside Fan 2/1 as support >>Halving Cycle 2016-2020 ..PEAK reached in Fan 1/1 ..Correction phase found support & resistance until end of phase in Fan 3/1 >>Halving Cycle 2020-'24/25 ..Current PEAK in Fan 2/1 ..Assuming cycle PEAK not reached & should be found alongside 2/1 Correction phase could find support & resistance in Fan 4/1