Bitcoin BTCUSD market analysis based on Dow Theory

Dear reader,

Market trends and cycles are a direct function of human psychology and the varied emotions during each phase. Bitcoin has been following the classical market cycle since its inception and there is no reason it won't follow it in the future.

Charles Dow was the first to make thorough effort to express the general trend of markets. Enjoy the analysis!

Comment:

The text looked fine until I published the chart. Have a look at the larger font snapshot here:
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