Using the cycles that BTC/USD generated during 2013 and 2014 and projecting them forward (black lines), show how they are starting to synchronize during 2018. The black lines show peaks and troughs which act as important dates for a change in intermediate trend.
What is even more interesting is the repeating day counts that repeat over and over (most of them are related to each other mathematically). The current cycle suggests a possible swing higher into the end of this month/beginning June which also has a confluence of repeating day counts around the same time.
Will Bitcoin follow the projection and have an important reaction at the confluence of dates? It will be interesting to see!
Please hit the like button or give a comment, it will be much appreciated!
Regards Richard K
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Cycles eventually kicked in and turned BTC lower. The next important cycle will fall around the 2-5th July 2018 and by the look of things higher prices could follow.
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