Since the 4 year cycle theory worked out so well to predict the bottom, I thought I'd make a chart showing what it would look like going forward if the price action of 2019 repeats in 2023.
What it would look like is this: - BTC goes to 30-40k in first half of 2023, then - drops back down to 17-20k in second half of 2023
Going forward even further than that, I think that we see: - The beginning of a new and sustained bull market beginning in 2024. - BTC reaches new highs (above 69k) in early '25 - BTC tops out at 130-150k in Oct-Nov of '25
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Even though this year was not as volatile as 2019, it looks like we're completely on schedule.
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Everyone pretends they're too smart for the basic 4 year cycle theory, but it's been dead on.
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