BITCOIN "PERFECT" TOP AND BOTTOM TECHNIQUE

First things first, nothing is perfect. Expecially in crypto.
However, the analysis I provide you seems pretty close ;). Besides, what harm does a little clickbait do.

What do we see on the chart:
Haikin-Ashi candles: Heikin Ashi reduces graph noise, making it easier to spot trends.

Indicators:
RSI Index (14):
- Parallel channel within the RSI Index: we can observe a trend since 2012. RSI hit both the upper and the lower side of the channel 3 times.
- In this trend we constantly see the RSI moving along a trendline.
Important NOTE: we take the last hit along the trendline when the RSI has touched the upper or the bottom side.
For example: Jan 2019 we started moving upwards along a trendline. April 2021 we hit the upper side but we never went through the imaginary trendline which could be drawn.
In stead, we bounced back up which led to a minor change in the trendline. (slide angle upwards)
In a bullish trend: when the upper side of the channel is hit, and the rsi breaks through the trendline, thats the place where we put a red circle and put a red vertical line.
In a bearish trend: when the lower side of the channel is hit, and the rsi breaks through the trendline, thats the place where we put a green circle and put a green vertical line.

How accurate are we by using this technique?

Bullish trends:
Feb 2014 - 2 months away from high
Jan 2018 - 1 month away from high
Dec 2021 - 1 month away from high

Bearish trends:
Jan 2015 - Perfect
Jan 2019 - 1 month away from low
Aug 2022 - 2 months away from low (yet to be seen)

Conclusion:
Based on this technique the biggest deviation from the highs and the lows is (until now) only 2 months which suggests the bottom is in.

Bonus (what is to come?):
Based on this technique, we can see the first bullrun lasted 37 months and the second bullrun lasted 35 months. Assuming that the bottom is in since this month, the next top will be around August 2025 (BUT: let's follow the trendlines ;) )
analysisBearish PatternsBitcoin (Cryptocurrency)bottomBTCBTCUSDBTCUSDTBullish PatternsChart PatternsETHTechnical IndicatorsTrend Analysis

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