Teklologist

BTCUSD: Accelerated Market Cycle

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BITFINEX:BTCUSD   Bitcoin
Bull market has kicked into full gear, perhaps at an accelerated pace when compared to the 2013-2015 cycle.
Colored vertical lines indicate comparable points across current and previous market cycles.
Purple lines indicate the week in which a cycle ends, i.e., the end of a bear market and start of a bull market.
Yellow lines indicate the week in which a new market's price first surpasses the price indicated by the red line of the preceding cycle.
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