Since 2013, Bitcoin has followed a clear trend of setting tops the year after the most recent halving event. It has also been moving in a very clear trend channel in that time.
Bitcoin has yet to experience a real prolonged bear market. My prediction is predicated on us not having a recession until 2026. If we do, the market is probably going to top much sooner and lower than this chart.
If we have a recession in 2026, I expect the price of Bitcoin to break the current trend channel and head into a lower one as per the chart.
If on the other hand we have a true soft landing, I expect Bitcoin to stay in the current trend channel and head for another post halving year top in 2029.
Bitcoin has yet to experience a real prolonged bear market. My prediction is predicated on us not having a recession until 2026. If we do, the market is probably going to top much sooner and lower than this chart.
If we have a recession in 2026, I expect the price of Bitcoin to break the current trend channel and head into a lower one as per the chart.
If on the other hand we have a true soft landing, I expect Bitcoin to stay in the current trend channel and head for another post halving year top in 2029.
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