BITCOIN 29th OCTOBER 2018

BITCOIN PRIMARY CYCLES

BITCOIN has found support around the monthly cycle lows and we can now see a divergence of timeframes beginning to squeeze together coming into the end of the year. (BREAK UP or DOWN)

Ideally, I would like to see BITCOIN push down into the 2018 lows at $3000, as part of the 1st year Bear trend. If that happens it will be a decent BUY around that level, even though it could push lower in early 2019. (2nd year Bear cycle)

If that doesn't happen, then the same monthly support levels will play a key role in 2019 along with the 2019 50% level