I’ve pulled out the 4-year monthly chart (hat-tip to Rekt Capital for inspiration), my favourite for showing the repeating 4-year pattern of Bitcoin’s price. It suggests we are bang on target for a December 2025 peak and also shows us that the current sideways move – digesting the new high $60-70k price – is completely usual for Bitcoin.
Take-away? We’re BANG ON TRACK for a “normal high” in Q4 (Oct-Dec) 2024. And it’s a very “high” high IMHO. (Not financial advice.)