Bitcoin Fulfills Intermediate Upside Target; Projects Pullback into Sept 22 – 24

09/20/21 INSIIDE Track Update – “Bitcoin fulfilled analysis for a spike up to 53,500 – 55,000/BT and has since corrected.  However, it would not turn its daily trend down until a daily close below 44,395/BTZ.  It could spike lower into Sept. 22 – 24, fulfilling a ~3-month high (Mar 19) – low (June 22) – low Cycle Progression.”

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Intermediate cycles project multi-week lows for Sept 22 – 24 and possibly Dec 22 – 24 – with surge to new highs expected in between.  Based on its monthly trend pattern in June ’21 – while fulfilling downside targets at ~29,000/BT – Bitcoin continues to project an overall surge to new all-time highs (above 65,000/BT) before a major top becomes most likely.  If Bitcoin can peak in 4Q ’21, it will powerfully corroborate the outlook for 2022!

What would that mean for the future of cryptos?    

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