It seems that every 20 days or so, BTC has achieved a peak since entering the medium term bear channel (followed by substantial selling pressure). If this observation is correct, we can expect a repeat and another corrective wave to set in soon.
How do you detect the cylce's duration? 20 days in based on some analisys?
Anyway congrats for the considerations, i agree, as mentioned in my posts! cheers
macris
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@E_Trade, thanks. It is just based on the visual indication from the previous peaks, no other analysis.
Anyway congrats for the considerations, i agree, as mentioned in my posts! cheers