Bitcoin: Hurst Cycles - 8th Feb 2022
BTCUSD | Phasing Analysis Update, Outlook & Trading Strategy
Tools required: Nominal Model | FLD | FLD Trading Strategy | FLD Trading Strategy (Advanced) | Principle of Nominality
Phasing Analysis
Long Term
Components greater than and including the 18 month nominal cycle
Medium Term
Components less than and including the 18 month nominal cycle
Short Term
Components around the 80 day nominal cycle
Summary
In our last report on Bitcoin we left off at what we phased as the 40 day nominal low on the 7th of January. Since then crypto has gone on somewhat of a rollercoaster, revealing a 20 day margin of error with the phasing analysis and specifically, the placement of the 20 week nominal low in early December.