TradingView
cryptorift
Nov 28, 2017 6:22 PM

BTC Approx. 60 Day Time Cycles  Long

Bitcoin / DollarBitfinex

Description

Time cycles are important, at least for a general idea of momentum changes.

Currently in day 16.

Due to parabolic growth, the cycle should decrease which each subsequent iteration.

Consider cycle pressure to be consistent with external market news.

If all held constant, consider top level trend to collapse in day 45-55.

More