BTC likes to stick to cycles.
We do need to remember that the cycles so far, while consistent, are still only a small sample size.
217 days from previous all time high has been the previous cycle key point to break ATH.
Technically BTC has already made a new ATH, but the level was unsustained.
Lets see if the cycle plays true and we get new ATH by November 18.
Publishing the idea to follow.
1, 3 and 6monthly closes in today- some super import levels to watch
US10Y 6 month close has SFPd the swing high and also the broadening descending wedge trend resistance.
Important to watch trend resistance as this could form an inverse HnS here, targets for the BDW are 5% and 8%.
6M chart so could play out over the next few...
