Post
Topic
Board Trading Discussion
Re: This bitcoin bull market isn't over yet !
by
tbct_mt2
on 01/04/2024, 03:11:45 UTC
According to Rainbow Graph the All Time High its expected to happen after the 4th halving soon
Which this leads to understand that this Bull market is not over yet  and that you still can prepare and HOLD for New All Time High
While short-term price fluctuations are inevitable in any market, the long-term outlook for Bitcoin remains positive.


You can see the Rainbow chart https://www.lookintobitcoin.com/charts/bitcoin-rainbow-chart/

It shows that Bitcoin has less up spikes in recent bull markets. The Rainbow chart does not predicts a last bull market top accurately. It is very inaccurate if I want to say about top prediction from Rainbow chart as with the last cycle, price reaches its top until only goes to about half of the Rainbow chart.

Use Pi cycle top indicator, that is better and more accurate to predict market top than the Rainbow chart.
https://www.lookintobitcoin.com/charts/pi-cycle-top-indicator/