How do I know? I drank coffee and read my fortune!
Instead of making predictions similar to coffee fortune telling by looking at charts, trading volumes, shapes drawn by candles, etc. regarding the price movements of cryptocurrencies, looking at the past movements of cryptocurrencies; prediction will move away from fortune telling.
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Dividing Bitcoin into 4-year periods in each halving period is useful in terms of predicting future points. Bitcoin is redrawing and will continue to draw the route it has drawn before and after the past halving. Altcoins also follow the movements in the halving periods in bitcoin one-to-one.
The rise in altcoins, which was said to take place in early August, did not materialise because it was a simple fortune prediction. According to some, it will happen in early September, but it probably won't happen because it is a fortune prediction.
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The prediction of those who analyse the uptrends and downtrends according to the halving periods will give closer results than fortune predictions. I think the permanent rise will be in the last few weeks of the last month of the last month of the year. Yes, this is also a prediction, perhaps no different from fortune predictions. Knowing that someone is constantly collecting crypto in the market and digesting it in your mind requires knowing that after a while, the cryptos collected at low prices will add value and make someone even richer. That someone has always followed and will always follow the halving movements of bitcoin, the locomotive of cryptocurrencies.
In the markets, those who buy rumours and sell them when they come true are the ones who earn the most. Everyone already knows this. It is one of the most clichéd sentences, but the share of reality is 100%. The rumour I want to tell now is the movements of bitcoin before and after the halving. Whether you go very far or examine the four years between 2017-2021; You will see how similar the four-year periods are to each other, and you will see that history repeats itself in bitcoin after 2021.
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Charts, charts, buy/sell signals, trading volumes, etc. etc.
It may be important for instant, daily and short-term gains, but in the long run, you will lose what you have already gained. If you are lucky, you will not be harmed. Those who are patient and wait will have a big slice of the cake. It is worse to regret not taking a bet on a team that is 2-0 up at half-time than to wait until the end of the match and expect that the team you bet on will go from 2-0 down to 2-3 winners. One is regret and the other is action.
No matter what anyone says, no matter what the analyses show, no matter what the trading volumes inputs and outputs indicate, bitcoin will complete its four-year cycle and will go down when it should go down and come up when it should come up. Those who are patient will also win.
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As long as altcoins cannot get rid of the bondage of bitcoin, they will accept their sub-role in the cycle and take their share of the fall or rise.
As with everything else, the cycle in crypto money will go on like this for a while longer.
The four cycle which BTC makes seems a pretty strong thing to rely on. So far it has followed the same pattern. But you know my fortune is telling me to drink coffee, feeling lazy in the morning, haha.