Bitcoin price cycles… Speculation on direction and price
Bitcoin / US Dollar Perpetual Inverse Swap Contract BITMEX:XBTUSD
This chart is speculation, based on previous Bitcoin 0.17% price cylces (high>high, low>low, high>low & low>high) – but mostly high>low and low>high. Notice the similar time frames on these cycles. I have included a couple of major resistance levels and FIB’s for possible price reversals.