ΣL Bitcoin Composite - 21st August 2023 | @ 88 Days

'B' class signal detected in Sigma-L Bitcoin Composite (BTC vs USD/EUR/GBP). Average wavelength of 88 days over 9 iterations since June 2021. Currently approaching a trough.

Current Signal Status

Defining characteristics of the component detected over the sample period.

Detected Signal Class: B - learn more
Average Wavelength: 87.7 Days
Completed Iterations: 9

Time Frequency Analysis

Time frequency charts (learn more) below will typically show the cycle of interest against price, the bandpass output alone and the bandwidth of the component in the time frequency heatmap, framed in white. If a second chart is displayed it will usually show highpassed price with the extracted signal overlaid for visual clarity.

Composite analysis showing time domain average of BTCUSD/BTCGBP/BTCEUR

BTCUSD in isolation

The component around 80 days has dominated over the last year or so in Bitcoin, highpassed price demonstrates the clarity of the signal since July 2022.

Current Signal Detail & Targets

Here we give more detail on the signal relative to speculative price, given the detected attributes of the component. In most cases the time target to hold a trade for is more important, given we focus on cycles in financial markets. Forthcoming trough and peak ranges are based upon the frequency modulation in the sample (learn more).

---

Phase: Troughing
FM: +- 8 Days
AM: 880.05371
Next Trough Range: 23rd August - 7th September, 2023
Next Peak Range: 5th October - 21st October, 2023

Sigma-L Recommendation: Early Buy
Time Target: ~ 13th October, 2023

---

Current Signal Phase

This is ‘how far along’ the cycle is in it’s period at now time and is related to the predicted price action direction.

Current Signal Frequency Modulation (FM)

This is how much, on average, the signal detected varies in frequency (or wavelength) over the whole sample. A lower variance is better and implies better profitability for the component. Frequency usually modulates relatively slowly and over several iterations.

Current Signal Amplitude Modulation (AM)

This is how much the component gains or loses power (price influence) across the sample, on average. Amplitude modulation can happen quite quickly and certainly is more evident than frequency modulation in financial markets. The more stable the modulation the better.

---

---

DISCLAIMER: This website/newsletter and the charts/projections contained within it are intended for educational purposes only. Results and projections are hypothetical. We accept no liability for any losses incurred as a result of assertions made due to the information contained within Sigma-L. This report is not intended to instruct investment or purchase of any financial instrument, derivative or asset connected to the information conveyed in the report. Trade and invest at your own risk.