Sigma-L - Market Cycles

Sigma-L - Market Cycles

Share this post

Sigma-L - Market Cycles
Sigma-L - Market Cycles
Bitcoin (BTCUSD) - 16th December 2024 | @ 733 Hours (~ 31 Days)
Copy link
Facebook
Email
Notes
More
Cryptocurrency

Bitcoin (BTCUSD) - 16th December 2024 | @ 733 Hours (~ 31 Days)

'B' class signal detected in Bitcoin (BTC/USD). Running at an average wavelength of 733 hours (~ 31 days) over 7 iterations since May 2024. Currently peaking

David F's avatar
David F
Dec 16, 2024
∙ Paid
5

Share this post

Sigma-L - Market Cycles
Sigma-L - Market Cycles
Bitcoin (BTCUSD) - 16th December 2024 | @ 733 Hours (~ 31 Days)
Copy link
Facebook
Email
Notes
More
13
1
Share

ΣL Cycle Summary

This coherent cycle, first detected at an hourly resolution a few weeks ago, runs at around 31 days average wavelength and has punctuated the recent sharp, bullish move in Bitcoin. An advantage with cryptocurrencies is the 24 hour data input, meaning there is no need to interpolate (or guess) price movement when markets are shut, giving a slightly more accurate phasing. This is not the case with stock markets and most commodities where we have to interpolate between trading days, although the effect is minimal if the length of the time series itself is large enough.

This wave is currently due to peak imminently with the next projected trough due early in 2025. Both hourly and daily resolution time frequency analysis are shown below, along with high pass filtered price.

Time Frequency Analysis

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2025 Sigma-L
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share

Copy link
Facebook
Email
Notes
More