After the weekly cycle low i was looking for in march never got confirmed this is in my opinion the most likely scenario for BTC. This would be an really long weekly cycle but i have seen longer cycles in the past. Funnily enough, the period when the model could be completed coincides with the cycle low which is approximately May 10th (+/- 6 Days). I can' tell if it will be an model 1 or 2 yet, but i will make a post about it soon i think.
Note
After taking out the range high i would expect a low in a diffrent way, but the date stays the same.Note
I realized i made a mistake in my cycle count. Half cycle low came on 6th may and the cycle low should come around 6th june. Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.