Bitcoin price history shows cycles that last for about a couple of months. The current cycle has been going on for 40 days. RSI has been close to oversold, but not deeply oversold. So I am wondering if the cycle is finished or not. If a new cycle is starting, we should see higher prices soon. If the current cycle continues, we should see a short-term decline below $7200 Dear Steemit friends, how to you think, will bitcoin price be higher or lower than, say $7700 one week from now? Uptove & follow :) ![Your new TVC.png](https://steemitimages.com/DQmQ4SWj5JjEUAQbDXRzR3ffsQ16Mf2BSUqGzwYhvVk78MK/Your%20new%20TVC.png)
post_id | 40,160,263 |
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author | myfinanceteacher |
permlink | bitcoin-cycles-is-40-days-too-short |
category | bitcoin |
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Very cool analysis and perspective, there is something to say about studying 1 market in many different ways. Many success traders are a 1 trick pony because they master one market and know it, at times better than themselves.
post_id | 40,161,208 |
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author | rollandthomas |
permlink | re-myfinanceteacher-bitcoin-cycles-is-40-days-too-short-20180323t161428330z |
category | bitcoin |
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