has proven once again its highly repetitive nature. Whilst many people have called for the death of Bitcoin
over the past few years, it has simply done what it always does and that is repeat. Many people have missed this by not looking at the bigger picture. Bitcoin
has just played out over the past 3 years and is continuing to play out what happened during 2013 only on a larger time frame and has already begun the launch higher. Most importantly this coincides with the infamous Bitcoin
235 day cycle. This cycle was derived from the early days of bitcoin
trading where each of the first four major tops from all time highs fell exactly 235 days apart. Since the bear market that began in 2014 the 235 day cycle could no longer coincide with new all time high tops but instead continued to top with bull runs that happened in the lead up and to this day has yet to be proven wrong. The next 235 day cycle tops on October 9.
Expect chaos on the way up. Expect candles over $1000 from high to low. Expect inexperienced traders to be wiped out along the way. There is no safe entry price or safe stop loss only a target of $10k on October 9. Bookmark this chart.