Bitcoin monthly cross has happened

7 paź 2023

BTC 1month has just moved into positive territory with the 10ma and the Bollinger Band middle line (20ma) cross-over just happening this month The typical timeframe between this point at the cross and the start of the parabolic run has been getting a bit shorter with each cycle The 2018 PR started around 17 months from the cross 2021 PR started around 11 months from the cross So we will be looking for the start of the next parabolic run to be as soon as 8-9 months away (July 2024) The PRs top out timing has been typically 6-7 months with the 2021 cycle rebounding into a double top a few months after the first top extending this run into 12 months for a second chance to unload the top Nobody can guarantee that the past will repeat this cycle but our strategy is for continued accumulation now through maybe May-June 2024 and be ready for a top anywhere from Q4 2024-Q1 2025 Other parameters are reset ready for the next cycle and the BBs are narrowing consistent with a this idea