Back to the Roots: Bitcoin

As predicted in the previous analysis, Bitcoin was rejected at **100k** and is now approaching a cycle low. 📉


📊 Current Analysis:

❌ We’re not at the bottom yet, and it’s not time to buy.
🔵 The 1-day indicator (dark blue line) is currently at **68** and looks poised to reverse to the downside, signaling a potential cycle break.
⏳ Even if this doesn’t happen, the 1-day cycle will need approximately a week to return to the **20 range**, marking Bitcoin’s 60-day cycle low.



📍 The low could form anywhere between **85k and 91k**.
💡 Remember: **Cycles don’t predict prices; they provide timing bands for tops and bottoms.**



🔮 Next Cycle Outlook:
⚠️ The upcoming 60-day Bitcoin cycle doesn’t look promising:
1️⃣ The **1-week indicator** spent a significant amount of time above **80** and is now trending downward.
2️⃣ This cycle reflects the general trend for the next 1-2 months and currently leans **bearish**.
3️⃣ We may need more time before the market reverses to the upside.

✨ Despite this, there are intriguing opportunities in the market right now. More details are available in the **Premium group**.


✅ Stay safe, trust the cycles, and build your wealth.💪


Let me know if you’d like further tweaks! 🚀