that means the lowest point will occur at the end of this year? and the peak of the bull will occur at the end of 2023? oh this is too long, the bull happens every two years.
It is 4 years and not 2. And this time should happen earlier then in 4 because everyone expect it and they will want to be ahead of others.
You may be right, but there is always the unkown factor of whether bitcoin will pump again. Nobody knows for sure, and this fear of the unknown keeps people in the same mindset and keeps them from jumping the gun, or accumulating no matter the price.
Something unexpected may happen in any moment and such charts will have to be corrected very quickly. It's enough for Bitcoin to become the official currency of a medium-sized country, or Google and McDonalds will accept it, to completely change this lines. We have to remember, that this is just speculation.