Timeline Indicators

Below you find the Bitcoin weekly chart from August 2017 until today. Lets have a look on some interesting timeline indicators.

Arrow Lines: same color, same time-frame

1 yellow arrow line, left side: 882 days from Peak High in 2017 until 3rd BTC halving in 2020 (11th May)

2 yellow arrow line right side: 882 days from 3rd BTC halving in 2020 (11th May) until 10th October 2022

3 red arrow line left side: 546 days from dramatic drop on 14th November 2018 until 3rd BTC halving in 2020 (11th May)

4 red arrow line right side: 546 days from 3rd BTC halving in 2020 (11th May) until 2nd peak high (ATH) on 10th November 2021

5 blue arrow line left side: 322 days from yearly high on 26th June 2019 until 3rd BTC halving in 2020 (11th May)

6 blue arrow line right side: 322 days from 3rd BTC halving in 2020 (11th May) until 1st (early) peak high on 14th April 2021

Vertical Lines:

Left white vertical line: 3rd BTC halving in 2020 (11th May)

Right white vertical line: 4th BTC halving in 2024 (expected 1st May)

The other lines:

These indications are also used in my older charts, so I have put them into this one as well. Just for curiosity.

Red: Indicators for bear market low and start of new bull market

Blue: Supporting indicator for new bull market

Green: I call this a "surviving line" for bitcoin. Was helpful for me to predict the low in 2019.

Orange: Is an "average value line" between green and blue. My suggestion is that this is a healthy area where Bitcoin is able to fall in a bear market. Respecting also "Black Swan" events. Therefore my conclusion: There is still a risk that BTC can fall down to ~ 10000 USD.