Transitionary 70-day Cycle in Bitcoin The concept of the Transition Cycle has been documented on this account for larger yearly cycles via the concept of the "Business Cycle Regime". The general idea is that the dominant cycle acting on a particular asset can change. While an asset is undergoing this transition, the cycle visible in the price chart will be the average of the outgoing cycle length and the incoming cycle length. This is why we forecasted that the Bitcoin cycle would bottom around July/August, not October. We are now applying this concept to the daily cycle in Bitcoin. Most people are aware of the legacy daily cycle length of 60-days. But, as Bitcoin is aligning itself with The Risk Rhythm of the S&P500, it seems to be pushing itself towards the 80-day rhythm for it's dominant daily rhythm. So, we now have what appears to be a Transitionary Daily Cycle in Bitcoin that is taking the average of 70-days. This would be the first live documented case of this under RESM Theory. A cycle curve of this transitionary cycle has been made, and it appears that we are ripe for a bottom. But do keep in mind that this is expected to be a fleeting cycle length, not permanent. $BTC $IBIT