Bitcoin Reinforcing Projected Surge into November ’24 Cycle High.

10/05/24 – “Bitcoin & Ether are rallying after failing to turn their daily, intra-month or 21 MAC trends down.  They remain below the March ’24 peaks – fulfilling ~8-month & ~16-month Cycle Progressions that projected future highs for Nov ’24 and July ’25.

The October 1st – 3rd action showed that Bitcoin could rally back to its March ’24 high (into Nov ’24) even as Ether remains comparatively weaker and is not likely to approach previous highs… Ether has already attacked its primary downside target (2100 – 2150/ETH), reinforcing Bitcoin’s relative strength over Ether” 

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Bitcoin is reinforcing its July/August ’24 lows and projecting a surge to new (all-time) highs leading into November 2024.  This reinforces the overall outlook for 2024 and is providing powerful clues about related markets and events.  With Gold cycles peaking in late-October ’24, the ideal time for an accelerated surge is after that (see ‘Rock, Paper, Scissors’ analogy).

(Refer to October 3, 2024 The Bridge – Currency War: Rock, Paper Scissors and other special updates and reports for additional analysis.)

 

What Would a Bitcoin Surge into mid-November ‘24 Reveal?

How High Does Bitcoin Wave Structure Project for Wave V?

What Would a November 2024 Bitcoin Peak Portend for 2025 Cycles?

   

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