Bitcoin WILL DROP 50% IN 6 MONTHS
Bitcoin all time history index INDEX:BTCUSD
We can see from the chart above that the downward crossing of the MA3 (quarter) over the MA12 (annual) under the monthly candle chart has already occurred in January 2022. The four previous occurrences all saw a crash afterwards.
And basically, the plunges occurred within six months.
The big cycle (2015, 2018) bottomed 5-6 months after the crossover.
This is also a major 4-year cycle and I expect the bottom will appear in June-August, 2022. Price will be around 16,000.
