#BTCUSD Monthly Cycle Comparisons

August 2024 has produced another successful (so far!) retest of the ~60 level on RSI on the monthly Bitcoin chart. The last two cycles have seen a cycle top 16 months and 14 months after the successful retest and gains of ~28x in 2017 and ~6x in 2021.

Just an observation really and past performance is no guarantee of future results but 14-16 months from now would take us to October - December 2025.

Fun times ahead hopefully!