Bitcoin Long Term Cycle
Indicators are more powerful when looking on the weekly or monthly.
If we look at the 2014 cycle, I think we are around the same point today when it bottomed.
As in my previous ideas on BTC, I expect a retest of 200 weekly EMA soon that could bring down price to 3200 or 3000 $, making a double bottom and starting a new cycle for the bulls.
Good luck guys.
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My Website - Automated Strategies with Backtest and Alert Setup
If we look at the 2014 cycle, I think we are around the same point today when it bottomed.
As in my previous ideas on BTC, I expect a retest of 200 weekly EMA soon that could bring down price to 3200 or 3000 $, making a double bottom and starting a new cycle for the bulls.
Good luck guys.
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My Website - Automated Strategies with Backtest and Alert Setup
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