Bitcoin’s Uptrend Marks A Year, Is It Wise To Sell?

The data shows that Bitcoin’s uptrend marks a year now and with the current strength of the move and the fact that the asset is higher than $50K per coin, it starts opening the question: is it wise to sell your coins? Well, let’s find out in our latest BTC news today.

According to the last crypto bull market data, the last push to the peak and the remaining third of the bullish impulse lasts for about 40 days before it’s all over but it is possible to know when this will happen exactly. The crypto asset class is speculative but it’s starting to become stronger in its fundamentals as adoption takes place and proof of concepts become a working product. However, thanks to the block reward halving that happens every four years, the crypto market cycles can be timed with accuracy, at the same time when bitcoin’s uptrend marks a year.

After each halving, it’s time to stop trading BTC and instead to hold for the next phase of the markup. The timing, however, is not so simple. According to the data, these periods and the final on-third stretch of the bull run usually happen in forty days. within these days, the price completes its final parabolic push and It sees the first break of the advance which it cannot recover from. missing the final strength, the results show major losses of about 50% from the peak.

The data shows that the assets are going parabolic and then retrace by 80%. Iconic commodities trader Peter Brandt called for the bottom range nearly a year in advance using these reliable metrics. In the latest bull market, the BTC price dropped from ,000 to 00 and left many investors stuck holding for another cycle to make some profits.
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The cycle before it, and BTC’s price retraced by 80% and it can happen gain when this cycle concludes. Despite the risks, the investors are still getting in.

The previous cycle tops happened in November in December which was a time when markets reached their cyclical peaks and it’s not clear why this happened but it’s a fact and many peaks could be run during this bull run. Other ways to climb the top is to watch the monthly RSI and reach new highs from past bull cycles while playing a guessing game as to when the top is in.