Bitcoin (BTC) has endured a bear market for nearly two years, leaving investors eagerly anticipating the next rally for the leading cryptocurrency. During this time, numerous analyses and theories have emerged, speculating on the timing of the next Bitcoin surge, even as external factors, such as regulatory uncertainty, continue to influence the asset.
One noteworthy theory comes from the crypto analyst CryptoCon, who shared their insights in a post on X (formerly Twitter) on September 7. CryptoCon’s theory draws from historical price movements to provide insights into what can be expected in the future.
The analyst’s theory revolves around the “November 28th Cycles Theory,” which he believes has been the key to understanding Bitcoin’s price behavior over the years. The theory projects BTC is likely to witness the start of a new bull run on November 28, 2024.
The Bitcoin November 28 Theory. Source: CryptoCon
Tracking Bitcoin’s road to the next bull run
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