If the analysis of the first 50 years of bitcoin is correct, the next peak is in the summer of 2024.
If the next peak is in the summer of 2024, right now (Jan 2022) bitcoin is on wave 4. (3.3.4 In the chart) Wave 4 can go as low as 20k and still preserve the market structure.
If this is correct we should not see an all-time high until Nov/Dec 2022.
If the next peak is in the summer of 2024, right now (Jan 2022) bitcoin is on wave 4. (3.3.4 In the chart) Wave 4 can go as low as 20k and still preserve the market structure.
If this is correct we should not see an all-time high until Nov/Dec 2022.
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