The dominant cycle identified here is ~292 bars, which has consistently marked major pivots in Bitcoin’s price action. Each cycle builds in intensity, and according to fractal theory, the fourth turning often delivers the most severe correction.
At present, BTC is pressing against the upper bounds of this dominant cycle. If the cycle roadmap continues to hold, we are now in the early stages of the declining phase, with downside risk extending into the mid-to-lower support zones.
Key Insight:
In fractal cycle analysis, the fourth turning is often the most devastating one. If this pattern repeats, the coming downswing could be sharper and deeper than previous declines, preparing the ground for the next major cycle low.
Caution is warranted as both fractal and cycle models are flashing warnings that this market may be in the process of topping out.
At present, BTC is pressing against the upper bounds of this dominant cycle. If the cycle roadmap continues to hold, we are now in the early stages of the declining phase, with downside risk extending into the mid-to-lower support zones.
Key Insight:
In fractal cycle analysis, the fourth turning is often the most devastating one. If this pattern repeats, the coming downswing could be sharper and deeper than previous declines, preparing the ground for the next major cycle low.
Caution is warranted as both fractal and cycle models are flashing warnings that this market may be in the process of topping out.
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。