🚨 URGENT 🚨

With the recent move to 52k+ prices, some have claimed the #Bitcoin    4-year cycle is now out of the question.

Their evidence, the .618 cycle retrace.

This retrace has marked the mid-top for each cycle, a point that comes in the middle of the cycle and brings large corrections (40 - 54%) and sideways periods.

Price has now surpassed it seemingly defying the rules.

But what if this is standard? There is a chance it may be.

The best way to measure these retraces is from weekly candle bodies, which allows us to include Cycle 1.

When we do this, we find that cycles have always made two primary tops above the .618.

This would have made 49k the first, and the second is in progress.

The amount that each cycle has risen over the .618 has been between 6 and 26%. This cycle is at 13.5%.

Even a weekly candle close occurred in 2016, making our close above not out of the ordinary.

The cycles aren't derailed just yet.

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