BTC - NEW BULLISH YEARLY CYCLE AND MONTHLY CYCLE - WE GO UP

Hello, we already talked about the ending yearly monthly cycle (see linked idea below), that was 100% closed on the 20 of July. We are now in what seems to be a new bullish cycle, according to the first month. Indeed, yearly cycles are divided into sub cycles of 1month. Of course the length can slightly vary but as you can see, even without considering the last 8 months that show a clearly armonic division in monthly trends, the last 3 months closed on 19May, 22June, 20July and therefore we still have few days to go (20-22nd of August).
These last days will be red as every cycle, even if bullish, tends to retrace a bit in the second half, especially at the end. Nothing to worry about: we started the month at 31k and we will close it above 42k probably (which was also a previous major resistance). Very good month indeed, important especially because it is the first month of the new yearly cycle, that possibly can already give us the overall direction of it. Starting this particular moment in a negative way, would have been very bad for BTC.

(part II)