Bitcoin (BTCUSD) - 22nd May 2025 | @ 31 Day Cycle
'B' class cycle detected in Bitcoin. Running at an average wavelength of 31 days over 14 iterations since March 2024. Currently peaking
ΣL Cycle Summary
The ~ 30 day cycle in Bitcoin continues to be well defined in the frequency domain at wavelengths less than ~ 50 days. The most recent trough was largely a bullish affair producing sideways action prior to the move up of the last week. We now enter the next peak of this short term component. It is likely that the low point in late March - early April this year was a larger magnitude cycle and this has been responsible for the sustained bullish price action. Looking at a phasing of Bitcoin in a longer context there is a broad, noisy range of power around 200 days that is perhaps the origin, shown below. However, due to the modulation involved with such a broad spread of frequencies it should be treated with caution as a speculative tool.
We have also shown the 30 day wave in the context of the 80 day below, an interesting harmonic ratio is present, around 3:1, evident since mid 2024!