Bitcoin with dynamic cycle oscillator

BTCUSD weekly chart with dynamic cycle oscillator.
Indicator suggests a shift in cycle from down to up phase since late April. Those with bullish views on BTC can position themselves to go long using lower timeframes.

A brief description of the cycle oscillator:
1. The relative position within the cycle is derived from stochastic concepts.
2. Cycle period is calculated dynamically using autocorrelation (the relationship of a variable with lagged values of itself) Incidently, setting a long lookback period gives very similar results.