ΣL Bitcoin Composite - 10th June 2024 | @ 84 Days | + 12.94%
Last trade: + 12.94% | 'B' class signal detected in Sigma-L Bitcoin Composite (BTC vs USD/EUR/GBP). Average wavelength of 84 days over 13 iterations since April 2021. Currently peaking
ΣL Cycle Summary
Some welcome clarity returned to this component as we moved higher through May after the larger underlying bullish trend pulled back into April, completing the most recent cycle trough of this wave. We have tentatively upgraded this signal to a ‘B’ class category, anticipating a period of stability which will be further enhanced if we mo…