My cycle counts come up different depending on which price feed I use, but generally the daily cycle length seems to be about 60 days. The chart shows BTC to be coming out of a half cycle low in the first daily cycle of a new intermediate cycle. It is possible that cryptos might be starting a new bear market, but for now the bull is intact as long as the price stays above the green trend line.
I am holding small long positions in Bitshares and EOS and will convert to USD as soon as the green trend line is broken.
I am holding small long positions in Bitshares and EOS and will convert to USD as soon as the green trend line is broken.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.