BTCUSD - Long term trend with mid term cycles

2014년 4월 23일BTCUSD prices have been following a downward trend on a log scale since December. During this time, price has followed a mid-term cyclic trend. The time between these cycles have been increasing, although I would be surprised if the cyclic trend closely followed what I've written.

I expect BTCUSD prices to follow this trend until it can remain well above the trend for several days. When this trend breaks, I expect a new, long-term upward trend to appear