BTCUSD: About to invalidate the historic Log Regression Bands.

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BTCUSD: About to invalidate the historic Log Regression Bands.BitcoinCRYPTO:BTCUSDInvestingScopeBitcoin is almost oversold on its 1W technical outlook (RSI = 77.862, MACD = -7190.200, ADX = 22.870) and is close to invalidating another long term traditional growth model of its market: the Logarithmic Regression Bands. Held for over 15 years, this pattern has marked all of BTC's Cycle Tops and bottoms up until 2022. The last Bull Cycle never made it to its top (red) zone, giving the first signal that this may not longer be a relevant growth model. This month it even hit its bottom for the first time since December 2022 and assuming the 4 year Cycle theory is correct, it has another 3 full months up until October 2026 to decline more before pricing the bottom. And unless it turns sideways from now on (very unlikely), it weill break below the support zone of the Log Regression Bands. Our fair value zone remains inside $50,000 - 45,000. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##