So if bitcoin's cycles remain true, when roughly would be the start of the next bear market after the 2024 halving and bull run for a good time to sell. Can this be predicted somewhat? For all you TA guys when would be a good time to sell just to give me an idea? Thanks.
You must understand before trading or investing in Bitcoin, because the Bitcoin market is very sensitive both when prices rise and when prices fall, as far as I know someone has bought Bitcoin in a bear market, they have a target price to sell it back when the market is really at the next ATH point, whether it's one year from now, two or five years from now.
I mean this, for example: you buy Bitcoin at the current price of $ 24,800, say 1-3 Bitcoins, of course you have a target to sell $ 50k, $ 60k or $ 80k in the future you don't need to target a new ATH price, even if the price reaches $100k in the future, it could be that the $100k price lasts only 24 hours, after that it drops to another $24k price, when you wake up you will regret selling it too late.
For that, do your own research to sell, after you see a profit of 2x the price you bought at this time, usually greed will result in a regret value.