In this week's edition, I’m excited to share the latest update to our platform: a refined and enhanced spiral chart. The live chart, available to paid subscribers, now comes equipped with new markers to facilitate a more intuitive understanding of Bitcoin's cycle Peaks, Troughs, and Halvings. Plus, a green line pinpointing the upcoming Halving event. Remember, the chart is also available in block time!
The chart:
👆 Live chart available at the Bitcoin Strategy Platform. Become a paid subscriber today and enjoy a lifetime discount.
Decoding the Spiral
The chart starts at the orange vertical line in the year 2009. Each complete rotation represents four years of Bitcoin's history. The price is displayed on a logarithmic scale, with each ring in the spiral representing a tenfold increase in price.
Key Insights
Non-Crossing Lines: Observe the lines weaving through the chart. They never cross, signifying Bitcoin's consistent pattern across four-year cycles.
All-Time Highs (ATHs): Marvel at the blue dots, almost exclusively clustered in the first quadrant, except for Bitcoin's inaugural cycle, which was understandably compact due to the absence of price data.
Cycle Peaks: Note the bigger blue dots around Christmas every four years, marking the alignment of cycle peaks.
Cycle Troughs: Spot the prominent red dots in the southern region of the chart, representing the cycle troughs that occur approximately one year after their corresponding peaks.
Halving Milestones: The big green dots denote each Halving event. These green markers shift slightly every four years, due to Bitcoin's Halving occurring every 210k blocks (slightly less than 4 years).
Wrapping Up
I'll be speaking at Bitcoin Amsterdam next Thursday at the Proof Of Work Stage at 10:30 AM Central European Time! Keep in mind that the newsletter may feature shorter updates due to my speaking engagements. Looking forward to connecting with many of you there!
-Root
Thank you. Please add the key/legend onto the platform chart Root.
Cool to see. Will be interesting to watch if it plays out this way again in 24/25.