BITCOIN We are nowhere near the Top!

Bitcoin (BTCUSD) on the 1M time-frame is as straightforward as it can get. The message is clear: We are nowhere near the Top yet.

The LMACD flashes its Cycle Top signal when it tests the Lower Highs trend-line. If this happens to be above the Pi Cycle's Top (red trend-line), then we have a complete Sell Signal for the Cycle. This is expected to take place towards the end of this year.

Similarly, the bottom takes place below the Pi Cycle's Bottom (green trend-line) and is confirmed by a LMACD Bullish Cross. Those indicators are the Blueprint to BTC's Cycles.

Do you agree with this? Feel free to let us know in the comments section below!

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