Every bull market ends with a washout before building back up again

The bitcoin cycles can be clearly seen in the chart below...

A broadening wedge pattern that ends with a washout before a repeat during this next one:

(Source: https://twitter.com/StockmoneyL/status/1550385145768722432/photo/1)

The lows tend to happen roughly 4 years apart, as do the highs.

The lows were roughly end of 2011, 2015, 2019, and the next low would take place in late 2022 or early 2023.

We are pretty much right in that time frame right now.

Based on the above, we might see one more dip or retest, but we are likely pretty close to the lows either way.

They are likely to have already happened or to happen with in next 5 months or so.