Likely heading to 60-days cycle low

Oct 19

We’re currently on day 43 of the 60-day cycle 📅, which means it’s typically not a great time to jump into the market (based on past data) ⚠️.

The 1-day Cycle indicator is sitting at 85 📊, and while the 1-week cycle (red line) is still growing, we’re due for a reversal soon 🔄.

We’ll likely drop into the 60-day cycle low shortly ⏬.

Oct 26

Note

Everything is according to the plan, Bitcoin is currently heading to its 60-Day cycle low which is set to happen in the first week of November.