Ben from BitBoy Crypto says there is data to prove the bull run is not over, and Bitcoin will have to do something different that it has never done before for the bull run to end prematurely which he does not see happening.
Bitcoin is cyclical and there are fundamental reasons that drive the rhyming price action time and time again but prices don’t go up forever, the bull run will end and Ben thinks he knows exactly when.
Ben says countless people, including him, in 2018 [last bull run] saw their portfolio grow only be absolutely destroyed because they did not understand the market psychology at that time. The market crashed at the most excited point when people do not want to sell, that is the perfect time to the smart move and get out (5:22)
The most parabolic rally in the crypto cycle comes at the very end of the last month. Ben says he knows when they bull run ends and it is the 2 week period near the end of September is exactly when people should he looking to exit.
This prediction is from historical data of the Bitcoin cycles, the Golden Bull Cycle ratios produced by Trading Chart on Trading View. There is exactly a 51:49% ratio in the weekly candles for the last two Bitcoin bull run cycles. 51% of the bull run lasted from the bottom of the market till the next Bitcoin halving, and 49% lasted from the halving day to the very top of the market with time difference of 504 days (6:12).
The last Bitcoin halving was on May 11, 2020. The addition of the time difference in the last bull cycles to the last Bitcoin halving equates to September 28, 2021. Also, the chart from 2017 bull runs shows Bitcoin has not gone parabolic yet.
Glassnode history of Bitcoin cycle compared to the price chart shows the bull run is at the peak when orange line touches the red zone on the chart. It is simply not the case right now as Bitcoin is only in the middle of the bull run (7:24).
Ben added Bitcoin and alt coins still have more room to go from here, but expects alt coins to pump their hardest after Bitcoin peaked out before they crash like it happened in the last bull cycle (8:00)
This episode premiered on March 5th, 2021.