Bitcoin Bubble & 40-Year Cycle: Sell-off into Sept ’22 on Track.
08/20/22 Weekly Re-Lay – “Bitcoin peaked during the latest phase of a daily high-high-high-(high) Cycle Progression on Aug 15 – fulfilling its intra-month uptrend that projected a rally into Aug 15/16. It also fulfilled a higher-magnitude 20-week low-low-high-high-(high) Cycle Progression that projects a multi-week decline. That corroborates ongoing analysis – described since Bitcoin peaked in Nov ’21 and fulfilled multi-year upside wave objectives & multi-month cycles – all projecting a […]
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