Buy the timing, not the pricingBitcoin / U.S. dollarBITSTAMP:BTCUSDspilkerBTCBitcoin is one of the most cyclical assets following bull and bear trends based on its halving date. Traders can use this to their advantage by buying the timing rather than the pricing. We are currently in the bear market of this current cycle with an expected bottom later this year in October. The pricing is less significant since these cycles have been very reliable up to this point. When does this cyclicality break? I don't know, but for now I see no reason to ignore it. When will it bottom out? - Cyclically, September 28 is the date to watch out for. So a good time to have BTC on your radar would be later this year. How far will it drop? - Looking at previous bear markets the trend seems to show tightening of the sell offs where each successive bear market is lesser than the previous. How high will it go? - Bitcoin is in a really interesting spot cyclically. This recent bull run didn't have a lot of steam compared to previous runs. A lot of this could be due to a lack of retail buying pressure. There wasn't a strong sense of euphoria near the top. This is normal for something like Bitcoin which obviously can't continually make exponential gains, eventually the curve plateaus.