BITCOIN PRIMARY CYCLES
BITCOIN is above the Yearly 50% level at 8225, therefore the Primary Cycles remain bullish
Secondary Cycles are bearish, whilst below 9357 the trend bias is down, however we haven't seen the same sell-off as March, therefore the Sellers aren't in control.
The Secondary Cycles are now catching up with Price (blue 9507).
There is now two possible patterns.
1.
These same channels start to push the trend downward, starting from next week and into the AUGUST LOWS (same as September - October 2019)
2.
This week continues up into 9507 but stalls, then next week the same level will drop below Price and the next up trend begins from next week, as seen in April and December 2019.
There were a lot of ALT-COINS that were showing weakness two weeks ago, but they are back into showing bullish patterns