Let’s analyze both Cycle Market theories separately:
60-Day Cycle Status
Multi-Timeframe Cycle Breakdown
Consensus: Both theories suggest a rally toward the 60-Day Cycle high (days 20-30), aligning with the 3-Day Cycle peak. However, we may see one final dip when the 3-Day Cycle resets to 20 before the bull run resumes.
60-Day Cycle Status
- Bitcoin printed a new cycle low on February 28. While many expected a rebound, it carved another low a week later, leading into a left-translated cycle (price trends downward for over half the cycle). We’re now on day 16, hovering just above the $78,000 low. Further downside is likely in coming weeks.
Multi-Timeframe Cycle Breakdown
- 2-Week Cycle: Will dip below 20 by Monday’s close, marking the start of accumulation (long-term oversold conditions).
- 1-Week Cycle: Broken below 20 and stuck there for two months – a reversal is imminent, signaling mid-term upside.
- 3-Day Cycle: Also below 20, confirming short-term bullish momentum.
- 1-Day Cycle: Topping above 80, hinting at a brief pullback soon.
Consensus: Both theories suggest a rally toward the 60-Day Cycle high (days 20-30), aligning with the 3-Day Cycle peak. However, we may see one final dip when the 3-Day Cycle resets to 20 before the bull run resumes.
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.
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.