Trend change in the Bitcoin Cycles

٢٠ يناير ٢٠٢٠

It appears that we have put in our first right translated cycle top which signals a reverse in trend. We have broken out of the downtrend channel and looks like we will grind lower testing the upper boundary of the channel to confirm support before putting in the next cycle bottom in mid Feb 2020... With the halving quickly approaching I am expecting the market to pick up steam as the supply shock to the market takes over the fundamentals.