Bitcoin has many fractal cycles. Lets take a look at a few of them.
The macro up cycles typically last around 100 days, while down cycles average 80 days.
When an up or down cycle consists of multiple counts, a short-term small reversal connecting consolidation bridge provides a more nuanced view of the market's rhythm, helping us refine our understanding of the cycles at play.
With confluence, accuracy and confidence increases. Interestingly, the new cycle starting on June 2nd coincides with the 80-day mark from the beginning of the down trend.
However this cycle is unrelated to the 100/80. It is a wave calculated precisely, repetitively and predictably upon astrological degrees, specifically relating to Venus as professor Weston termed it the periodic secondary time keeper.