Another attempt at Hurst analysis.
I look at When to trade website since they publish the dominant cycle for BTC.
I see that BTC will probably move up to 7000 -7300 range and then drop for a new low at the 80 day through.
I believe my through analysis is wrong and I will have to correct it, however I can't see where my mistake is yet. I hope a new high will help...
My previous analysis was bad. It had several errors, and the FLD period was wrong.
This 15 min chart has my custom 30min and 4h FLDs (green and orange). Creating and indicator for cycles is impossible at this moment but I use it for historical data and then draw cycles myself.
Let's see what happens