In a display of market resilience, Bitcoin concluded the week with a flat performance despite earlier volatility. As of 4:45 PM ET, the leading cryptocurrency traded at $67,550, marking a 2.5% increase ($1,650) for the day. This represents a significant recovery of over $4,000 from Thursday's low, although Bitcoin still registered a marginal 0.9% decline for the week.

After a failed assassination attempt on Donald trump that left one supporter dead occurred on Saturday Bitcoin has experienced a notable rally over the three days that followed. The three daily candles (Saturday, Sunday, Monday) have formed a strong bullish reversal pattern known as “Three White Soldiers.”

In our previous episode of The Bitcoin Minute, we predicted the breach of the 200-day moving average as a support level, noting its historical significance as a precursor to substantial rallies in Bitcoin's four-year cycles. This forecast proved accurate when Bitcoin dipped below this average on Thursday, July 4th, and has yet to move back above it after several attemps.

In this episode we review my theory on Bitcoin and its simple 200-day moving average as a predictor of where we are in our current four-year cycle. This indicator is also extremely usefull in identifying cycle tops. This may be the most important technical study to pay close atention to.