{"id":458568,"date":"2021-03-13T01:00:11","date_gmt":"2021-03-13T01:00:11","guid":{"rendered":"https:\/\/ktsl888.com\/?p=458568"},"modified":"2024-06-11T11:04:36","modified_gmt":"2024-06-11T11:04:36","slug":"data-shows-bitcoin-sell-coins","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/data-shows-bitcoin-sell-coins\/","title":{"rendered":"Data Shows Bitcoin Peaks Last Roughly 40 Days: When To Sell Your Coins"},"content":{"rendered":"
Bitcoin price<\/a> has been an uptrend for a year now, and given the strength of the move and the fact the asset is now at more than $50,000 per coin, begins to bring up the question: when to start selling your coins?<\/p>\n According to past crypto bull market data, the final push to the peak and remaining third of the bullish impulse, lasts for a period of only forty days before it is all over. But is it possible to know when this is happening or when it is about to end?<\/p>\n The cryptocurrency asset class is highly speculative in nature, but is beginning to become more fundamentally sound as adoption takes place<\/a> and proof of concepts become working products.<\/p>\n However, thanks to Bitcoin’s block reward halving<\/a> recurring every four years, thus far, crypto market cycles can be timed with some accuracy.<\/p>\n Related Reading | Bitcoin Could Close March With First Ever Quarterly Bear Signal<\/a><\/strong><\/em><\/p>\n Following each halving, it is time to stop trading Bitcoin, and instead hold for the next phase of markup. Timing the top, however, isn’t so simple.<\/p>\n Each move when measured and divided into thirds, sees the fastest and most violent move in the final third. According to data<\/a>, these periods and the final one-third stretch of the bull run, happen within a timeframe of only forty days and forty nights.<\/p>\n <\/p>\n Within those forty days, Bitcoin price completes its final parabolic push<\/a>, and sees the first break of that advance that it cannot recover from.<\/p>\n Missing this final one third stretch, results in significant losses \u2013 as much as 50% off the asset’s peak almost immediately.<\/p>\n Data also says that assets that have gone parabolic, once broken, retrace 80% or more. Iconic commodities trader Peter Brandt accurately called<\/a> for the cryptocurrency’s bottom range nearly a full year in advance using these reliable metrics.<\/p>\n During the last bull market, Bitcoin price dropped from $20,000 to only $3,000 \u2013 leaving many investors stuck holding for another cycle to cash out in profit.<\/p>\nVelocity And Volatility At The Top Gets Fast And Furious<\/h2>\n
Both cycles the top cryptocurrency only spent forty days in the top third. | Source: BTCUSD on TradingView.com<\/a><\/pre>\n
Timing Bitcoin Peaks And Crypto Market Cycles: When To Sell Your Coins<\/h2>\n