BTC Cycles & TA: 7/8/24

9 Jul

Cycles and indicators are signaling that we are approaching a bottom, but there is still trouble ahead. Cycles indicate that we might have 5-7 more days of potential chaos before indicators signal that it is safe to re-enter. For now, things remains bearish. I won't know more until we get close to Sunday weekly close, but for now, signals indicate that we are either in the middle of this or beginning to approach the end, so be ready. I already have Renko saying we can go back in, but I need a few more charts to agree to re-enter.