Bitcoin Nearing ~25,000/BT Target… Subsequent Rally to ~35,000+/BT Projected.

05/31/23 Weekly Re-Lay Alert – “Bitcoin & Ether corrected for over a month and had been repeatedly testing their rising weekly 21 High MACs – a decisive level of multi-month trend support – throughout that correction.  That was expected to spur a new rally.. They maintain the potential for rallies to ~35,000/BT & ~2,500/ETH.”

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Bitcoin is completing its projected ‘a-b-c’ decline – that has been targeting a test of ~25,000/BT before the next leg up.  That should trigger a new surge into mid-year or beyond (capable of reaching 35,000/BT or higher).  It’s intra-year uptrend remains intact, projecting an overall advance into June/July ’23… and possibly beyond.  Mid-June ’23 is shaping up as the next decisive (intermediate) cycle.

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.