Looking at EMA Ribbon on BTC 4 Year Cycle
Bitcoin / U.S. dollar BITSTAMP:BTCUSD
When looking at the EMA Ribbon ribbon on the weekly chart over the course of BTC’s history, you see clear and regular pattern. The yellow only crosses below 3 times: once each cycle after the all time high. Then the ribbon fully inverts leading into the cycle low, which comes 12 months after the cycle high. As of now, the yellow has crossed, but the ribbon has not yet fully inverted. Cycle low is on schedule for November.
