- The November 28th Cycles Theory aims to explain Bitcoin’s price behavior using 4-year time cycles.
- The cycles center around the date of the first halving on November 28.
- The Theory predicts exact tops, bottoms, and bull runs using specific markers on the curve.
Ever wondered how Bitcoin’s price behavior can be so volatile and yet, sometimes predictable? If you’re a crypto enthusiast who loves delving into theories and analyses, you’ll be thrilled by what the November 28th Cycles Theory has to offer.
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The Theory in a Nutshell
The November 28th Cycles Theory uses 4-year time cycles against a specific Theory, aiming to produce an accurate prediction of Bitcoin’s behavior since its inception. The cycles are structured around the date of Bitcoin’s first halving, which took place on November 28.
The Significance of November 28
According to the theory, this date serves as the pivot around which the Bitcoin price oscillates. The curves peak every 4 years, with tops and bottoms coming +/- 21 days from November 28.
Early Tops and Mid-Cycle Lulls
The theory posits that after Bitcoin hits a bottom, an early first cycle move occurs (usually indicated in orange), followed by a mid-cycle lull. During this lull, Bitcoin hovers around the median price (which is half of the previous all-time high) until the curve bottoms out.
Bull Runs and Curve Bottoms
The bottom of the curve signals the launch of the majority of the bull run, usually indicated with a blue circle. The idea that everyone is expecting these 4-year cycles, according to the theory, allows them to continue almost like clockwork.
Predictions Based on the Theory
- The next bull run will commence on November 28, 2024.
- The next top will be +/- 21 days from November 28, 2025.
- The next bottom will be +/- 21 days from November 28, 2026.
- The next mid-cycle lull will occur in June 2027.
The Element of Surprise
Despite the cycles being predictable to some extent, the exact price and timing maintain an element of surprise, keeping traders and investors on their toes.
Conclusion
The November 28th Cycles Theory offers a compelling framework for understanding and predicting Bitcoin’s behavior. Although theories are not guarantees, understanding this model could offer valuable insights for future investment decisions. The cycles have held true to date; could this be the key we’ve been looking for? Keep your eyes peeled for November 2024!
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