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Bitcoin => Bitcoin Discussion => Topic started by: tbct_mt2 on October 08, 2024, 11:02:07 AM


Title: Bitcoin cycles comparison: halving, top, bottom, crossing top of previous cycle.
Post by: tbct_mt2 on October 08, 2024, 11:02:07 AM
https://www.bitcoincyclescomparison.com (https://www.bitcoincyclescomparison.com/)

This website plots previous cycles and this cycle on the same chart, overlays different cycles, for easily visual comparison. There are four tabs to choose for plotting chart and make comparison.

Quote from: Bitcoin Cycles Comparison
How to Use the Bitcoin Cycles Comparison Tool

The chart displays both the current and historical Bitcoin cycles, overlaid for easy comparison. To ensure a fair comparison, historical cycles are scaled to start at the same price as the current cycle. This allows you to analyze and contrast the price movements of different cycles, providing valuable insights into Bitcoin's past and present performance.

You have 4 options to define the start of the cycles
  • Halving: Each cycle will begin at the date of the halving event.
  • Bottom: Each cycle will start at the date when the price reaches its lowest point between the all-time high (ATH) and the next halving event.
  • Top: Each cycle will begin at the date when the price reaches its highest point before the next halving event.
  • Crossing top of previous cycle: Each cycle starts at the date when it surpasses the previous all-time high (ATH).

They have a note and disclaimer that is worth to read.
Quote
Bitcoin Cycles Comparison is not investment advice! Past performance is not an indication of future results. You can not predict the price of Bitcoin with this tool!

You never can predict the market accurately, can not time in the market, so with this tool or more tools, it's worth to note down, if you make your investment or trading based on predictions, you will lose money some day.

With all 4 options, something to note in my opinion. You can get these figures after clicking on four available tabs.

Scales become smaller cycle by cycle. I don't know why this site always gives scale x1 for this current cycle.
  • Halving
    • Nov 2012 -Nov 2016: scale x5,206.6
    • Jul 2016 - Jul 2020: scale x98.4
    • May 2020 - May 2024: scale x7.5
    • Apr 2024 - Oct 2024:
  • Bottom
    • Nov 2011 - Nov 2015: scale x7,005.3
    • Jan 2015 - Jan 2019: scale x91.3
    • Dec 2018 - Dec 2022: scale x4.9
    • Nov 2022 -Oct 2024:
  • Top
    • Jun 2011 - Jun 2015: scale 2,196.8
    • Nov 2013 -Nov 2017: scale x58.1
    • Dec 2017 - Dec 2021: scale x3.4
    • Nov 2021 - Oct 2024:
  • Crossing top of previous cycle
    • Feb 2013 - Feb 2017: scale x2,044.1
    • Feb 2017 - Feb 2021: scale x54.1
    • Dec 2020 - Oct 2024: scale x3
    • Mar 2024 - Oct 2024:


Title: Re: Bitcoin cycles comparison: halving, top, bottom, crossing top of previous cycle.
Post by: ImThour on October 08, 2024, 11:11:33 AM
I have been using the Cycle Low Multiple from Bitbo and that seems to be more intuitive as you can see days from Halving and how exactly Bitcoin went up after every Halving.
I will keep this website bookmarked too, just to be sure I am looking at the cycle correctly with my 4 eyes (I wear glasses, lmao). Thanks for this, make sure to check them out too.

https://talkimg.com/images/2024/10/08/iKXbb.png
https://charts.bitbo.io/cycle-low-multiple/


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