The end of each bull market is signaled when Bitcoin goes parabolic. What is a parabolic move? The parabolic move of Bitcoin is when Bitcoin does a 100% move in a timeframe of one to two weeks plus or minus a few days.
It is a repeated pattern that happens at the end of every bull market. For example if we take a look at the charts in 2017 it took Bitcoin approximately eleven months to go from 1K in January 2017 to 10K November 30th 2017. But then it did a parabolic move from 10K to 20K in two weeks. That signaled the end of the last bull market. Bitcoin did it’s 100% parabolic move and ended the bull market.
If you look at the charts of the bull market before the previous one it did that exact same thing. In the last two weeks of the bull market it did a parabolic move from about $500 to $1000 in a timeframe of about 12 days.
Bitcoin has not gone parabolic yet. The bull market still stands.
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