Bitcoin is only gathering steam for a lower push
Bitcoin in Continued Descent!
As you can see I do a lot of Bitcoin Trading. Especially over the last 3 years for my Twitter profile: @cyclicalmarkets
No-one blames you for not knowing how to trade Bitcoin, or understanding its movements. I am happy to tell you, that you no longer will suffer this fate.
Bitcoin is still in descent towards its 80 day cycle low. An 80 day cycle low is around next week or thereafter…
Because of the nature of its cycles… Bitcoin’s descent is coming around NOW…
to its first stop at 33000
then to 25000 to fill it’s gap in the futures market
If that doesnt happen, Bitcoin will go above 41000 and a hard stop should be 42500. This will mean Bitcoin is undergoing a larger trough formation of at least 80 days, and may continue higher. Although I doubt this is the case.
I believe it goes lower from here… and that the “peaks” are in charge of price movement from here
Lookout for Advised #2 coming out Wednesday March 16th 2022, where I share my trades on Bitcoin, Oil and BABA, complete with trade reviews, my thoughts and setup for the ideas and the future of these instruments.
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