The amount of days from high peak to low have been about 1 month for BTC. The trend starts after the large drop, check it on the 1 day wicks.
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The amount of days from high peak to low have been about 1 month for BTC. The trend starts after the large drop, check it on the 1 day wicks.
Yep, which means that if those lows hold, the next high would be about one month from now, correct?
If the trend is held, next month should be a gradual bull. If the trend is broken up or down a new equilibrium will be found. My gut tells me this wave will be different somehow, but I am just waiting to make any decisions. Although the trend definitely seems strong from what I've seen.