BITCOIN CRYPTO ANALYSIS 4th February 2019


BITCOIN Primary & Secondary Cycles


I still continue to be bearish on BITCOIN based on the 2-wave pattern in the Primary cycles, with a long term PRIMARY target at 1100

However, as seen in Index stock markets in early 2019, they haven't followed the 2nd wave pattern into the 2nd Yeary lows, instead moving higher.

Secondary Cycles has a target down to 2769.

Monthly cycles, which has often seen some buying support as crept upwards in February to 3215.


Trend is down with RANDOM SUPPORT at 3125