Where are we in the BTC multi year cycle?

13 thg 8

So many are tracking BTC cycles on lower timeframes, which seems to be very difficult because BTC behaves slightly differently than stocks. BTC develops in a logarithmic pattern. Therefore, I've made a cycle count on a slower timeframe. Here, on the 2M timeframe, you can see that we have a 23-bar cycle high to cycle high, and a half-cycle low at approximately 11-14 bars. Cycle theory suggests a deviation of 10%, meaning we are in the very late stages for a HCL. In my opinion, we should be seeing higher numbers for BTC any week now.