You will come across specific terms in these notes (FLD, VTL, and so on). Rather than explain them each time, you will find definitions here: guidance notes for Hurst cycles terminology.
The Macro Brief is an excerpt from our weekly Macro Outlook newsletter. Today we are highlighting the US Dollar and Bitcoin.
General outlook: US Dollar Down (-> 40D trough). Bitcoin Up (-> 20D peak).
US Dollar – heading to next 40 day cycle trough. Down.
A weak 20 day cycle trough looks to have formed and price should continue lower to the next 40 day cycle trough.
Bitcoin – heading towards the next 20 day cycle peak. Up.
The 40 day cycle trough is now in place and we are tracking the next 20 day cycle peak.
This post was first published on Hurst Cycles Notes.
