Bitcoin, reached $40K, will it continue up?


08 Jan
08Jan

This is My humble contribution to the Bitcoin analysis.

This is how the forecast of bitcoin looks like in cycles analysis.
The uptrend from early Dec 2020 till today is very well predicted.
The uptrend seems to continue for a few months ahead, with seemingly a sideways or small correction from mid Jan 2021 to early Feb 2021.

Grey - annual cycle

Red - quarterly cycle

Blue - monthly cycle

Velvet - bi-weekly cycle

Pink - weekly cycle

(*) This is not a trading advice.
 



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