Question for the technicians.
How long until this bull market is over?
- "Last but two" Halving (November 12th 2012) BITCOIN reaches its maximum 371 days after this event
- "Last But one" Halving (July 7th 2016), BITCOIN reaches its maximum after 525 days of Halving
- "Last" Halving (May the 5th 2020), at the moment BITCOIN reached its ATH approximately 336 days after this event...
I wonder if we have finished it or not...
what is clear is that the dominance of BITCOIN continues to drop dramatically but the Total Cap is growing, so comparisons with the past are difficult...
My guts tell me that another impulsive wave is needed, the fifth one up, but I do not like at all that the dominance of BITCOIN is falling so much.
I remember the previous cycle as if it were yesterday, as soon as BTC reached its maximum, its dominance collapsed towards ALTCOINS...
It was like the prelude to the exhaustion of the bull market.
What is your opinion?