Bitcoin’s 4-year pattern ‘suddenly’ presents month for next price top

Bitcoin’s 4-year pattern ‘suddenly’ presents month for next price top

From finbold.com

Bitcoin (BTC) has recently struggled to break past the $60,000 resistance, with analysts suggesting a significant price peak may still be ahead. In a July 9 analysis shared by CryptoCon on X, Bitcoin’s traditional four-year price pattern is under scrutiny for a potential shift. The analysis uses sine waves spanning various time frames to identify key moments hinting at a possible change in the asset’s cyclical behavior. Historically, Bitcoin has adhered to a consistent four-year pattern for 14 years. However, March 2024 saw deviations from this established trend, marking a notable departure. According to ... (full story)

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