today for the Bitcoin price and yes guys this is crazy this is something you have never seen for Bitcoin yet I find it actually insane that no one is talking about that I want to show you right now something which will completely blow your mind about Bitcoin it's a very very short video yet a very un easy to understand and a very important video I'm coming to you here straight from South Korea but that doesn't hold me back as always to talk about Bitcoin to talk about important and of course before we are going into it give me some feedback do you want more videos Sometimes some kind of these videos we I'm just analyzing a small piece which opens up a lot of perspectives about Bitcoin even though it's very short and condensed let me know down below if you give a like if you give some feedback I will understand it as a yes and I will do more of those videos also coming up and you do know the deal whenever there's doubt on bitcoin zoom out it's easy as that and we are here on the monthly candles for Bitcoin usually we are analyzing the daily usually we are analyzing the 4 hourly but now we are looking at the monthly candles and you probably remember I did show you this chart in the past a few times where Bitcoin is uh yeah basically between support and resistance and you see the insane similarities between every single cycle the vertical lines here these yellow dotted lines that is actually the Bitcoin halfings you can see the dates respectively here on the bottom then the curved lines that is the Channel Bitcoin is in basically since the Inception since the beginning and then you have these downward slopping trend lines basically marking the bare Market Bitcoin eventually breaking out the yellow squares are showing us the first important resistance break and the orange squares the break of the previous bull market High which whenever this happened whenever the break of the orange Square happened we always went into a crazy Parabola I mean that is not a surprise we did that in 2012 2017 or 16 at beginning of 17 2020 and well the question is are we doing it now and what you have to understand is many people are saying oh this bull cycle is so different yes every bll cycle is a little bit different to the other one but you know the same history doesn't repeat ped Rhymes and it's certainly true for Bitcoin and if we are plotting this chart exactly how I painted it here on the monthly you can see a very crazy coincidence and something which repeats every time after the halfing only after the halfing we are breaking the previous Bitcoin High only after the halfing it's every time like that even in 2012 it was after the halfing look at it after in 2012 that we broke it so that we don't break the all-time high just like at or before the halfing is normal 2016 it took 11 month for Bitcoin to break the previous all-time high and to go into this last parabolic phase in 2020 it took 6 seven months for Bitcoin to break the previous alltime high and to go into the last parabolic phase for the Bitcoin bull market and now in 2024 suddenly we should break Bitcoin the Bitcoin previous alltime High way before that no what happened here the last few months this correction to the downside is normal is to be expected and is in fact in absolute alignment from what should be expected and what happened in the last 14 years for Bitcoin we were going now after the halfing five six month downside to the downside and if you're are mirroring anything close to what happened throughout the last three Cycles throughout the last 14 years then we should expect Bitcoin to break within October I would say is the most most likely scenario and that is the only thing I wanted to tell you when a doubt zoom out and things will clear up things will get very clear and open for you for me what happened to bitcoin within the last few months is not only not bearish it's actually bullish let me know what you think about that Smash Up the like button to a new all time high we are going to soon the next a cryp guys as always bye bye