Comparison of BTC VS SPX Dailey Cycle low timing Here you can see a daily cycle low count on BTC starting from the lowest low in the 4year cycle, the November 2022 Low area.
If we start our BTC DCL count from this anchor point we can see the resulting periods of correlation and de-correlation between the price of the SPX and that of BTC.
Notice in more recent cycles how the BTC and SPX cycles are deiplaying an offset relationship by about 25 odd days.
This can be seen as BTC is marking lows at times in the SPX is in a higher region of price.
Or BTC consolidation while SPX marking lows, only for BTC to lag the SPX and follow along to mark the half cycle lows.