This Bitcoin Cheatsheet Will Help You Survive This Crash

Summary

This video discusses the pre-halving phase of Bitcoin's market, transitioning into a halving year of 2024, marking the start of a two-part bull market phase. It examines the four-year cycle, focusing on consolidation and accumulation in pre-halving years, and the sideways price action leading to parabolic rallies in halving years. The video emphasizes the importance of understanding these cycles for predicting future market movements, with a particular focus on the 2024 market and its potential to reach new all-time highs in 2025, based on historical patterns.

Takeaways

• 📈 The discussion focuses on the pre-ball phase leading into a two-part bull market phase, which is expected to span across 2024 and 2025.
• 🔄 The pre-harvest years, such as 2012, 2015, and 2019, are characterized by market consolidation and accumulation at low prices, setting the stage for the bull market.
• 📉 The year 2023 is likened to 2015, with high accumulation after recovering from the previous bear market bottom, indicating a sideways market with controlled volatility.
• 🌐 The four-year cycle is emphasized, with each phase (bare, pre-ball, first bull, and second bull) having distinct market behaviors and implications for Bitcoin's price.
• 📊 The importance of the 2024 year is highlighted, as it needs to close above the three-year resistance to initiate further upside in the market.
• 🔍 Historical patterns show a 'mirror image' in the Bitcoin market, where the time from the bear market bottom to the bull market peak is roughly equal, suggesting a bull market peak in October 2025.
• 📅 The video suggests that we are currently in the first bull phase of the cycle, with over a year left in the bull market according to historical tendencies.
• 📉 The script advises viewers to prepare for a potential parabolic phase towards the end of the year, which could lead to new all-time highs in Bitcoin's price.
• 💡 The presenter emphasizes the importance of understanding and remembering these market phases and historical patterns for successful Bitcoin investment strategies.
• 🔔 A reminder is given to subscribers to stay updated with the channel for more insights into Bitcoin's market cycles and potential future price movements.

Q & A

What is the main focus of the video update?

The main focus of the video update is the pre-ball phase in the Bitcoin market, which is expected to transition into a bull market phase across two years, 2024 and 2025.

What does the term 'pre-ball phase' refer to in the context of the video?

The 'pre-ball phase' refers to a period that occurs before a bull market, characterized by market consolidation and accumulation, as observed in previous years like 2012, 2015, and 2019.

How does the video describe the market behavior in a pre-ball year?

The video describes the market behavior in a pre-ball year as having lots of consolidation, sideways accumulation near market lows, and being more controlled with longer and broader swings.

What is the significance of the year 2023 in the Bitcoin market cycle discussed in the video?

The year 2023 is significant as it is considered a pre-ball phase year where accumulation is seen at the highs after recovering from the bear market bottom of 2022.

What is the expected market behavior near the end of a pre-ball year?

Near the end of a pre-ball year, the market is expected to start picking up, transitioning into a parabolic rally leading into the next bull market phase.

What is the role of the 'four-year cycle' in the Bitcoin market as explained in the video?

The 'four-year cycle' is a pattern observed in the Bitcoin market where different phases such as the bear market, pre-ball, first bull, and second bull phases occur, each with distinct characteristics and behaviors.

How does the video suggest the 2024 year will behave in terms of Bitcoin's price action?

The video suggests that 2024 will see a pullback in the market but towards the end of the year, the beginning of a parabolic phase is expected, leading into the second bull phase.

What is the importance of the 'three-year resistance' in the context of the Bitcoin market cycle?

The 'three-year resistance' is significant as it represents a level that, if surpassed, can turn into new support and potentially initiate additional upside in the market, as seen in past cycles.

What historical pattern does the video highlight regarding the timing of bear market bottoms and bull market peaks?

The video highlights a historical pattern where the time between bear market bottoms and bull market peaks tends to mirror, with roughly the same amount of time before and after the halving event.

What is the expected timeline for the bull market peak according to the video?

Based on historical tendencies, the video expects the bull market peak to occur in October 2025, suggesting there is over a year left in the bull market.

How does the video advise viewers to approach the current market conditions in Bitcoin?

The video advises viewers to understand the current market phase, prepare for the upcoming parabolic phase, and not lose sight of the historical tendencies that suggest a bull market peak is still ahead.