Bitcoin printed its lowest point on day 21, which is early to expect a DCL to form. The previous DCL was stretched at 48 days, it is possible to see a shortened daily cycle here, which would help to balance out the cycle counts. Bitcoin has since been wedging between the deciding 10 day MA and the support at the 96000 level — until today.
Bitcoin broke above the 10 day MA and is now testing the 50 day MA and the declining trend line. BTC is still in a daily uptrend. A bullish break out of consolidation with a close back above the 50 day MA will indicate a continuation of its daily uptrend and signal a cycle band buy signal — in which we would then label day 21 as an early DCL.
Cycle Trading 
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