Bitcoin Cycles Project A Mid-March Top

The February 7th posting pointed to a low in the daily bitcoin cycle on the third. Subsequently, price rose int0 the 12th. The February 15th sell signal coincided with a top. Price then bottomed before the recent buy signal. Bitcoin is likely to resume its uptrend in this week. In mid-March, both the daily and the weekly cycles top. The second half of the month is likely to be weak, but price in unlikely to fall below the prior low at 36,000. The monthly cycle is rising and this is likely to cushion any decline.

Bitcoin Daily Cycle

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