Bitcoin Projects Downside into Sept ’22; June 13 = Dangerous Day
06/11/22 Weekly Re-Lay – “Bitcoin has consolidated after spiking below 27,500/BTC – where its monthly HLS and 6-month HHL converged – on May 12. It would not show any signs of near-term strength until a daily close above 32,350/BTU. On balance, Bitcoin is still expected to move lower into Sept ’22. In the short-term, it could spike to a new low on/around June 13 – 30 days/1 month from its May 12 low.” […]
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