Bitcoin: Hurst Cycles - 8th June 2022
A flaccid and grinding move from the 80 day nominal low in early May foreshadows more bearish price action in the main cryptocurrency. In this report we look at the immediate outlook for price.
Tools required: Nominal Model | FLD | FLD Trading Strategy | FLD Trading Strategy (Advanced) | Principle of Nominality | Underlying Trend
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