BTC formed a swing low.
BTC broke below the day 28 low overnight. Friday is day 30, placing BTC in the early part of its timing band for a DCL. BTC appears to have found support at the 61000 level and is in the process of forming a bullish reversal off the 6100. A close back above the 10 day MA will have us label day 30 as an early DCL. BTC is currently in a daily downtrend. BTC will remain in its daily downtrend unless it closes above the upper daily cycle band.
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