BTC/USD Main trend. Cycles. Halving BTC. Surrender zones.

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Logarithm. The time frame is 1 month. The main bitcoin trend (almost all of it). Idea for understanding cyclicality, and secondary trend capitulation zones. Also, for understanding where the price is in a long-term trend.

The idea shows surrender zones in secondary trends. The timing of bitcoin's halvings and the trend reaction in the aftermath. Cyclicality. Also shown on the chart are intermediate cycles of bitcoin and market pumping between major long-term cycles.

Note that unlike past cycles, the bitcoin price has been under the uptrend line for a very long time. Electricity. I have shown this many times before.

Linear graph.

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There are 13 months (roughly) left to halving BTC. So, an intermediate pumping cycle before the main one by the end of 2025? Does anyone believe in such a thing right now).

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BTC/USD Halving 518 When will be the cycle price low and high.

For great visualization and clarity, I added leap years (pre-pump, pre-distribution), this applies to all markets, not only the "young" cryptocurrency market... That is, after it, just the price is in the distribution (selling) zone, which is identical to the price highs of the secondary trend.