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Interested in your views on the 'left translation' instead of 'right translation' this 4yr cycle (measured from low to low), on the smaller time frame cycles there are already fractals where the 4th of 4 shorter time frame cycles doesn't actually left translate, but on average a much higher percentage do than don't, so based on averages this cycle should left translate. And many would say that I am suggesting that "this time is different", but actually to assume that it will not left translate is to assume this time is different as all assets on average will left translate in the last of 4 cycles on all time frames
I think people need to stop looking at percentages and look at price movements instead because percentages can get you screwed up, as after 10% down, a 10% move up is not a recovery, etc.
Why you using Nov and Dec months return from here instead of first adding the Oct returns even if underwhelming and then from there add the Nov then Dec ?
1st, again! One of the best BTC chart analysts. Look at the 6 months following September in the halving year of 2020, it continued double digit upside!
We missed the third wave, now we're in the fourth wave and then the fifth wave is normally as long as the first one. So not much to expect from Bitcoin anymore.
I wonder if it being an election year and a recession being on the doorstep (as well as wars around the world) will have an impact on Q4 this time around. Sure, historically we do well in Q4 of halving year but this is an election year and it looks like we are about to hit a recession pretty hard so this might make the situation a bit different.
