The graph depicts the halving of Bitcoin along with sinusoid. The Big Picture is the most important for long-term investors.
As per graph, after each halving the Bull Run starts. The top and downs of sinusoid are generally a benchmark where the bull and bear market respectively begins. Although the downs are not exactly the lowest points, the high points of sinusoid clearly the top of the cycle.
Thus, the next highest price point of Bitcoin will be in December 2021.
The bull run begins after each halving.
As per graph, after each halving the Bull Run starts. The top and downs of sinusoid are generally a benchmark where the bull and bear market respectively begins. Although the downs are not exactly the lowest points, the high points of sinusoid clearly the top of the cycle.
Thus, the next highest price point of Bitcoin will be in December 2021.
The bull run begins after each halving.