Bitcoin had been coiling below the 200 day MA— until Tuesday. Bitcoin closed above the 200 day MA on Tuesday but then closed back below the 200 day MA on Wednesday. However …
Bitcoin appears to have found support from the rising 10 day MA and is in the process of breaking back above the 200 day MA. Bitcoin is currently in a daily uptrend. A close back above the 200 day MA will indicate a continuation of its daily uptrend and signal a cycle band buy signal.
Cycle Trading 
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