Bitcoin Cycles: is 40 days too short? by myfinanceteacher

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· @myfinanceteacher ·
$11.87
Bitcoin Cycles: is 40 days too short?
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)
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vote details (11)
@rollandthomas ·
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.
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