Again, tracking Bitcoin is very new for me and and I am using GBTC as a proxy. Also, I am not yet tracking its shorter Trading/Daily cycles but it does appear to have a 5-6 month Intermediate Cycle just like everything else (see link below).
We are now nearing the 4 month mark of this current Intermediate Cycle which appears to have topped near the 2+ month mark. Since then we have been making lower highs and late this week we broke my Blue IC Uptrend line. Taking out the mid-June Low would mean a failed Trading Cycle and confirm the move into the next ICL which I would expect in the Aug/Sept timeframe.
Previous Bitcoin update: