Bitcoin has completed a couple cycles around the it's Square in price. The time counts also have been accurate with 1-2 days. Right now both the price growth spiral and the time count of 36 days (SQ144) have met at a perfect nexus. It looks like we've completed a cube perfectly in Price and Time. While I say short, this doesn't mean short yet. We've had the ending of a price and a time cycle but there has not yet been real confirmation. I mostly trade off lower low into lower high entry, you need to see the market prove that it's rotating and that new counter motion has begun. If we close above 91, there could be a bigger growth spiral in play. So with that said, the market is at it's peak right where Price and Time have balanced. This is a junction point where reversals can occur unless new energy is added into the system
Kommentera:
BTC spiked to 91.09, that's 9 cents off $91 which is a major cycle high level, now we are rejecting pretty hard. Failure to get above that level, will mean downside is coming. Litecoin also spiked to $121 which is a third cycle high. Both have completed their growth patterns for now.
Kommentera:
Btw: $91 - $9,100 on SQ of 9, just take off the zeros