The 2 Week Directional Movement Index tells us that a cycle top for #Bitcoin could be coming very soon, possibly within the next weeks to months.
This would be scheduled to be the first of 2 cycle tops, with a cross of 55.12.
The time it has taken to put in a first top after this cross has been between 2 weeks and 3 months, which gives us an approximate time frame for the first top of April - June this year.
During the second signal of the cycle, it has been 2 weeks to 1 month to the final top.
Times to reach the final top from the first signal have been once 6 months and twice 10 months.
10 months seems much more likely considering our cross date, which would bring a true cycle top in December 2024.
@jclcapital @CryptoCapo_ True, and no one knows what the fed is going to do. We depend on decisions of people, not on charts. Anyway, fear is almost as 2008… good moment to DCA.
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