Bitcoin & Ether Poised to Surge into Dec ’23 as Dollar Bottoms; 45,000/BT = Target.
11/29/23 – “The Dollar Index reached its downside target (~102.40/DXZ) and multiple weekly support levels, setting the stage for a 3 – 5 day low. Today’s spike low also initially fulfilled a 26 – 29-day high-high-high-(low; Nov 27 – 30) Cycle Progression while exceeding the duration of the previous June/July ’23 decline (confirming a higher magnitude of weakness and reinforcing the negative structure of the monthly trend). An additional spike […]
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