Crypto analytics firm CryptoCon has predicted that November 28th, the anniversary of Bitcoin's first halving, will mark the start of a new bull market. The firm has introduced its "Half-Cycles Theory," which suggests that Bitcoin's price movements and market cycles revolve around this date with remarkable accuracy. So far, the theory has been consistent with Bitcoin's price performance, correctly identifying market bottoms and predicting the climb to specific price targets. According to CryptoCon, Bitcoin is preparing to finish 2024 as expected, paving the way for the "Red Year" in 2025, which is anticipated to deliver even higher all-time highs. The firm believes that Bitcoin's 4-year cycle is not only alive but also gaining strength, contrary to critics who argue its diminishing importance in the maturing market. This news content does not constitute investment advice.
- Content Editor ( en.bitcoinsistemi.com )
- 2024-11-28
Analytics Firm Proposes “November 28 Theory” for Bitcoin Price – They Claim It’s a Milestone