Will crypto skyrocket in 2024? NFT Giveaway!
Bitcoin has risen to $35,000 and is fighting resistance. What does it indicate? Will crypto moon in 2024? Win Bored Ape Solana Club FREE Mint worth 3.3 SOL.
Despite bearish predictions and, a bad macroeconomic and monetary situation, Bitcoin decided to start its rally to 2023 Highs. Will the 4 year cycle repeat again putting Bitcoin into an extremely bullish year of 2024? Let’s find out!
4 year Bitcoin cycle - Déjà vu?
Here is what the Halving Theory has said so far in 2023:
Bitcoin was predicted to reach its lowest point +/- 21 days from November 28th, 2022: The actual lowest point was on November 21, 2022 (marked with a green dot) ✅
The most favorable cycle purchase prices were expected to occur in the Green Year (from November 28th, 2022 to November 28th, 2023): The bottom range of 16.5k indeed happened ✅
The initial early peak (indicated by a yellow dot) was forecasted to occur +/- 21 days from July 9th in the Green Year, with BitTime specifically pointing to July: this occurred precisely on July 9th, 2023 ✅
Bitcoin was expected to hit its lowest point again in August following the yellow dot, according to the last BitTime white cycle: This prediction also came true ✅
The price was anticipated to approach the median in the Green Year (Half of the Previous ATH at 34,500): This has just recently happened ✅
The Halving Cycles Theory has accurately predicted every event in the Green Year.
People have numerous theories explaining the price fluctuations, yet the cycles continue to run impeccably.
We witness wild predictions from various camps, including those forecasting major macroeconomic changes and those breaking the ETF model predictions.
In my view, cycles are indifferent to these predictions.
Our most recent trend (Bitcoin pump) was not unexpected; it occurred exactly on schedule.
"So, what comes next?" you might be wondering...
Just observe the green circles at the start of the Blue Years.
The recent surge was remarkable, but it seems like it's not over yet. This is the first substantial rise we've observed after 8 months of lateral movement!
The next local peak usually appears early in the Blue Year, somewhere between December and February.
When to expect the next Bitcoin top?
In other words, when to sell?
The Patterned Price Movement Model is forecasting a value of 130k towards the end of November 2025, and potentially even reaching 145k in December 2025.
So far, it’s right on target.
The price has now surged up, following the trajectory outlined in green, rising from the cycle's low point towards the anticipated next peak.
This particular model calculates future peaks and troughs based on mathematical sequences of trend angles from previous highs and lows.
Moreover, it envisages a 170k peak at the culmination of the subsequent cycle in 2029, although predictions are expected to be fine-tuned once the current cycle concludes.
Remarkably, numerous factors are converging around the 130k mark!
Bored Ape Solana Club FREE Mint Giveaway
BASC is one of the few NFT collections I hold and whose team is still active. Apes are having a Gen 2 mint starting today worth ~ 3.3 SOL. I cooperated with the team to run a giveaway for a 1x FREE Mint.
Simply fulfill the social tasks posted on Twitter and get lucky! Results will be posted in 24 hours (October 28th).
Bored Ape Solana Club is a collection with a Gen 1 Floor beyond 10 SOL. After a long time, this will be my first NFT mint that I will do as I like the team, their vision, and most importantly - the community vibe.
As usual, make sure to DYOR before minting/buying anything. You can find out more info regarding BASC below.
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Over the last 2 months, I gave away over $1,000 literally for free, posted educational stuff and profitable live-trading signals.
I keep my community daily updated on my Telegram Channel where I cover crypto news, NFTs, trading signals and everything important regarding web3.
Giveaways, FREE NFT Mint and other gifts for the community will come within Autumn.