BTCUSD prices have been following a downward trend on a log scale since December. During this time, price has followed a mid-term cyclic trend. The time between these cycles have been increasing, although I would be surprised if the cyclic trend closely followed what I've written.
I expect BTCUSD prices to follow ...
The upward trend from the past few weeks has broken, and two trends have appeared. I don't expect the shorter-term trend to last much longer, but I do think the price will remain between the two trends for the next 1-3 weeks.