BTC: Keep it simple and follow the cycles
Bitcoin / U.S. dollar BITSTAMP:BTCUSD
I posted this idea roughly 60 bars ago, and a reminder came in my to-do list today.
My expectations were on the peak that it would take 60 bars or so to reach the low point.
Now we are there.
The Mayer multiple is low (0.6).
Cycle Top a while back (60 bars).
Fear and Greed in Fear.
What other signals could you need for a volatile asset like BTC?
Going long and hodl till late 2024/25, perhaps longer.
