There are several theories regarding Bitcoin halving events and their effect on market cycles. Some even claim that there is no correlation, but this new theory pinpoints a date that marks cycle inflection points.
The four years of each cycle were divided into accumulation , fair value and preparation establishment , bull market and new peak , and bear market .
Future predictions can also be based on this, he said, forecasting that Bitcoin will set a next early top 21 days before or after July 9, 2024. The next cycle top will be 21 days before or after Nov. 28, 2025 according to the model.There are other theories that suggest Bitcoin market cycles have nothing to do with halvings.
The cycles are more closely correlated with increases and decreases in the global M2 money supply, they said.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Eco-Friendly Green Crypto Alternative To Bitcoin Launches Presale - Unveiling Bitcoin BSC (BTCBSC)Eco-Friendly Green Crypto Alternative To Bitcoin Launches Presale - Unveiling Bitcoin BSC (BTCBSC)
Weiterlesen »
Eco-Friendly Green Crypto Alternative To Bitcoin Launches Presale - Unveiling Bitcoin BSC (BTCBSC)Eco-Friendly Green Crypto Alternative To Bitcoin Launches Presale - Unveiling Bitcoin BSC (BTCBSC)
Weiterlesen »
Pantera Capital Makes $148,000 Bitcoin Price Prediction, While Bitcoin BSC Hits $100,000 MilestonePantera Capital, a leading name in crypto asset management, recently projected that Bitcoin (BTC) could rise to around $148,000 during its next four-year
Weiterlesen »
The Sandman S01 Digital, 4K Ultra HD, Blu-ray & DVD Details ReleasedOn September 18th, The Sandman: The Complete First Season comes to Digital, with 4K Ultra HD, Blu-ray & DVD sets arriving on November 28th.
Weiterlesen »
Aus committed to partnerships in critical minerals driveThe Australian government will work with state and territory governments, as well as foreign partners to build the critical minerals sector. Mines Minister Madeleine King said in Canberra this week that the government was seizing the opportunities presented by critical minerals on order to create jobs, economic opportunity and prosperity across the country.
Weiterlesen »
Bernstein Says Bitcoin and Crypto Poised for Epic RallyFinancial research firm Bernstein anticipates significant rally on cryptocurrency market, led chiefly by Bitcoin
Weiterlesen »