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Bitcoin's Long Term Trend Line & Days To The Next Top

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BITSTAMP:BTCUSD   比特幣
If you look back in Bitcoin's history for the past 3 cycles you can see that after breaking the previous all time high it has about 280 days to 350 days before reaching to the top. Also take a look at the long term trend line which has been very strong throughout the past 9 years. In 2022 Bitcoin dropped under $20k and in 2023 it was a major resistance before breaking back above the trend line. Now in 2024, if Bitcoin tests that trend line again as a support region it is $55k. Afterward, BTC price should be going higher during the 280-350 days countdown to the next top.

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