GM everyone! 🌞 It’s Strategy Master here - your go-to for Cycle Analysis without the affiliate links. Just pure, actionable insights for the best Bitcoin entries. 💡💰
I had a fantastic time at the EBN conference in Barcelona 🥘 and missed the Cycle update in the past week. Now, it’s time to dive back into the action! 🚀
The reality is, Bitcoin hasn’t done anything groundbreaking—it hit its mid-cycle top around $65,000 and is now drifting toward its mid-cycle bottom. 📉🔍
Strategy Master, what cycle? 🤔 What’s a mid-cycle bottom? What are you talking about?
Let’s recap! 🔄 Bitcoin moves in 60-day cycles, and we’re currently on day 25 - smack in the middle of this cycle. 📅 Around this point, we typically see a dip. The size of the dip depends on whether we're in a bullish or bearish trend. 🐂📊
If the trend is bullish, the mid-cycle low can be a prime buying opportunity. 💸
Check out this chart: 📈
The mid-cycle bottom on day 44, Feb 12, 2023
The mid-cycle top occurred on day 34, indicating a bullish cycle. After a slight pullback over the next 10 days, the cycle continued upward to its peak on day 53. 🚀 That’s a textbook 60-day cycle - easy to trade and profitable! 💰📅 But not all cycles are that straightforward. 🤷♂️
Here’s another example:
The 3D Cycle shows a selling opportunity around day 30, June 10, 2022
In this case, Bitcoin collapsed shortly after reaching the mid-cycle top. 📉😱 That’s why combining the 60-day cycle with other indicators is key. The 3D cycle was at its peak, signaling a short-term reversal - making it the perfect time to sell. 💼💸
But beware of “catching a falling knife.” ⚠️🗡️ Buying too early could be costly. Bitcoin dropped below its previous 60-day cycle bottom (which lasted 59 days).
The best strategy? Wait for the next cycle bottom. 🔍 Within a week, both the daily (blue line) and 3D cycles dropped below 20, signaling a potential bottom. 📉🔵
Sounds cool to look at past examples, Strategy Master, but what about when the mid-cycle point isn’t clear? 🤔
Sure! Let’s take the Bitcoin chart from November 14, 2023: 📅🔍
Friday the 13th… can actually be a good day
Looking at the daily and 3-day cycle indicators, one might expect Bitcoin to drop slightly lower at the mid-cycle point. 📉🤔 However, the overall bullish market and a recent reversal in the weekly cycle indicator suggested otherwise. This highlights why it's critical to monitor all three cycle indicators - they give a clearer picture of tops and bottoms. 🔍📊
Be smart 🐺
Alright, Strategy Master, where are we now? 🤷♂️
Take a look at this chart: 👀
Mid-cycle top is in, bottom incoming in the next few days
We reached $66,000, and now both the daily and 3D indicators are reversing downward, as expected. 📉🔄 Bitcoin is approaching its mid-cycle bottom, which will be a critical turning point—will it push higher in the next phase of the cycle? 🤔🔜
The best strategy? Wait until the daily indicator hits 20 before entering a position. ⏳ The general rule: If the weekly cycle has been rising and hasn’t touched 80 yet, there’s a strong chance for more upside. 🚀📈
There is one potential threat to Bitcoin’s growth, but... we’ll cover that in the next edition! ⚠️📖
Strategy Master, your cycle indicators are amazing—how can I get access to them? 🙌🔍
I’m working on a private Telegram group where I’ll be sharing insights on these indicators (they’re custom versions of well-known stochastic indicators). 📲✨ Stay tuned for more in the next editions! 📅🔔