Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

@CryptoJelleNL
The previous cycles both lasted 1064 days.

If that pattern repeats, we're about 60 days away from a
Bitcoin top.

I personally am more leaning towards the metric of how many days after the halving, which I believe points to a top in mid-September. Still, not a bad idea to be on top watch if you’re planning to cash some out this cycle.

Did we just break out a new all time high for Bitcoin? I’m just looking at the chart and we appear to be right there.

NOpe, sorry, we were above $123k already this year/cycle/generation.

Since we use Bitstamp here, it’s easy enough to see that the current ATH is $123,236. Of course there are going to be folks prematurely proclaiming that a new ATH has already been touched. Such premature callings frequently happen which is also part of our justifications in maintaining an agreed-to reference so that we know when it is time to get excited, to the extent that our next new ATH are points that we would like to get excited.

I find many ATHs to be exciting and rolling ATHs to be even more excitement provoking.