Bitcoin/Cryptos Poised for Imminent Peak; Drop to ~25,000/BT Projected.

04/12/23 Weekly Re-Lay Alert – Bitcoin & Ether remain strong, having surged after attacking and briefly spiking below ‘4th waves of lesser degree’ support on March 9/10 – the downside targets for a correction from their initial 1 – 2 month peaks set in mid-Feb.  They could extend these rallies into April 17 – 28, ’23 and fulfill a ~21 – 22-week/~5-month high (Sept ’21) – low (Jan ‘22) – low (June ‘22) – low (Nov ‘22) – (high; Apr 17 – 28, ‘23Cycle Progression.”


Bitcoin has reinforced its intra-year uptrend (projecting overall advance into June/July ’23) while fulfilling an initial 5-wave advance from its Nov ’22 low.  Ether is similar.  That should lead to a subsequent ‘a-b-c’ rally – with support already forming around 25,000/BT – followed by a new surge into mid-year [future upside target(s) reserved for subscribers].

May 10 – 13 & June 10 – 13 = future phases of geometric cycles (lows) that should be monitored closely.

How High Can Bitcoin Surge in 2023?

When is Next (Likely) Buy Opportunity??

Will ~25,000 (Downside) Target Pinpoint Bottom?

   

Refer to latest Weekly Re-Lay & INSIIDE Track publications for additional details and/or related trading strategies.