Path to 4 Year Cycle Low
Bitcoin / U.S. dollar BITSTAMP:BTCUSD
A potential path to the 4 year cycle low using 60 day cycles, and the idea BTC will bottom at the 200 week SMA . This is a follow up idea to the rejection off the 200 day SMA marking the high for the rest of the year. A November (plus or minus 15 days outside the month) 4 year cycle bottom is almost a guarantee, but the price is not fully known. The 200 week SMA (expected to be around 25k ) is a reasonable spot to look for the cycle low, but the last 4 year cycle high (~20k) is another possibility.
