There are two possible scenarios for the rest of this cycle:
1️⃣ Bearish Scenario (Most Likely)
If holding BTC, the best strategy is to sell at the next 3-day Cycle high (message me if you don’t have access to the Cycle indicators), expected next week.
2️⃣ Bullish Alternative
How I’m Approaching This Cycle
I purchased BTC below the current price and plan to hold through this cycle. My reasoning:
As mentioned in my previous newsletter, it’s crucial to combine the 60-day cycle with other timeframes:
1️⃣ Bearish Scenario (Most Likely)
- Bitcoin hit a cycle low at $78,000 on February 28th.
- It initially showed strength but quickly reversed, forming a failed cycle.
- This suggests a lower low is likely before the cycle ends.
If holding BTC, the best strategy is to sell at the next 3-day Cycle high (message me if you don’t have access to the Cycle indicators), expected next week.
2️⃣ Bullish Alternative
- If the recent drop was caused by macro factors rather than natural cycle movement, we could still see a higher high before the cycle ends.
- The 1-week Cycle (red line) is forming a bottoming pattern, which could indicate upside potential toward $90,000+.
How I’m Approaching This Cycle
I purchased BTC below the current price and plan to hold through this cycle. My reasoning:
- We are currently at the bottom of the mid-term trend, and I expect a strong rally in the near future.
As mentioned in my previous newsletter, it’s crucial to combine the 60-day cycle with other timeframes:
- 2-week, 1-week, 3-day, and 1-day cycles all provide additional confirmation.
FREE Newsletter with Bitcoin Cycle Analysis
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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.
FREE Newsletter with Bitcoin Cycle Analysis
strategymaster.substack.com
strategymaster.substack.com
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.