### Bitcoin Cycles

Posted:

**Sat Jun 19, 2021 9:19 pm**Let me state very clearly that I think bitcoin are without any real value and that I do NOT recommend anyone to buy them. The following is for instruction only and any trading that anyone does is entirely at their own risk. You have been warned.

I did an analysis of the log of bitcoin prices in $US. (logs make equal percentage changes equal)

I used CATS software which is free and available from Cycles Research Institute, see:

https://cyclesresearchinstitute.org/cats/

Shown below are graphs of various outputs from CATS.

====

Log Bitcoin prices in US$ ====

The most significant cycles found with CATS The first two periods are not significant because they each have less than two cycles. The following three graphics show the log-price wrapped to various periods. The wrap operation shows the average shape of the cycle over the entire graph assuming the exact cycle period specified. Three of the slightly longer cycles have been used. The output of CATS is the columns A to E. G and H have been calculated to show the likely accuracy of the period, and the date in years of a maximum (you can add multiples of the period to get subsequent estimates of maxima dates.

====

20.712 days wrap ====

16.934 days wrap ====

14.517 days wrap

I did an analysis of the log of bitcoin prices in $US. (logs make equal percentage changes equal)

I used CATS software which is free and available from Cycles Research Institute, see:

https://cyclesresearchinstitute.org/cats/

Shown below are graphs of various outputs from CATS.

====

Log Bitcoin prices in US$ ====

The most significant cycles found with CATS The first two periods are not significant because they each have less than two cycles. The following three graphics show the log-price wrapped to various periods. The wrap operation shows the average shape of the cycle over the entire graph assuming the exact cycle period specified. Three of the slightly longer cycles have been used. The output of CATS is the columns A to E. G and H have been calculated to show the likely accuracy of the period, and the date in years of a maximum (you can add multiples of the period to get subsequent estimates of maxima dates.

====

20.712 days wrap ====

16.934 days wrap ====

14.517 days wrap