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.
Trade closed manually:
The cycle uptrend line is broken. I'm selling.
