I keep seeing people expecting a crypto bull rally and new ATH prices in late autumn of 2024 based on the previous halving cycle price movement relationship. Everyone sees a halving followed by the boom, but no one seems to be counting the time between halvings and booms when they make this assertion. Historically it's 500-550 days post halving when we see a new ATH, this puts us on track for September/October 2025 presently.
Am I crazy for thinking there's some mass crypto-bro mandella effect where the bros forget that the halving and ATH never hit in the same year?
Edit: didn't expect so many responses and additions to the discussion. For the sake of clarity, I should say that my definition of ATH in the context I was using, it is much different from many of your own. I was specifically referring to the parabolic all-time high that acts as an indicator for the end of the bull market and the beginning of the bear. This high point specifically is what has occurred between 500 and 550 days after each halving. Although everyone here is also correct when they assume I mean breaking the previous highest price.
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