Bitcoin (BTCUSD) showcases another prime cyclical feature, which has so consistently done since its inception. It is not only the impressive symmetry among its 4-year Cycles but also 'smaller' characteristics along the way for those who pay close attention.
One such example is the Higher Lows trend-line that starts after every BTC Bear Cycle bottom. When the price breaks below this trend-line during the next Bear Cycle, the market drops another -43.51% at least (the other two cases have declined by -48.19% and -49.08%).
The current Higher Lows trend-line broke back in late January and the -43.51% minimum decline from that point lands at $50000. That is yet another cyclical feat that points towards that Target. As mentioned numerous times on our analyses, by the end of the year such Target would also make contact with the 1W MA350 (red trend-line), which is where the previous (2022) Bear Cycle bottomed.
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