Bitcoin Cycles: Get Ready To Buy

Bitcoin has risen in four of the five years for an average 63.1% gain or an expected return of 50.5%.

The more recent cycles are dynamic in that they change based upon the most recent price trends.

The next chart shows the daily price, momentum in blue, and relative strength in green.

I bought my first stock in 1966 and then obtained my BS in banking in 1971 and MBA in corporate finance in 1972 from NYU.

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