Bitcoin & Ether Poised for 1 – 2 Month Lows; ~18,000/BT Support Holding

09/10/22 Weekly Re-Lay – “Bitcoin is fulfilling the potential for a multi-month bottom after retracing.786 of its Mar ’20 – Nov ’21 advance (extreme retracement; 2DGR) – reaching 17,830/BTC, a major, 1 – 2 year downside target. It bottomed during the synergy of diverse cycles on Sept 6 – 16 – when a 32 – 34-week low-low-low-low Cycle Progression – dating back to the […]

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Bitcoin Bubble & 40-Year Cycle: Sell-off into Sept ’22 Nearing Fruition.

08/27/22 Weekly Re-Lay – “Bitcoin has sold off after peaking on Aug 15/16 while fulfilling the intra-month uptrend, a daily high-high-high-(high) Cycle Progression and a 20-week low-low-high-high-(high) Cycle Progression.  That ushered in what is likely the final phase of an overall plunge projected to take place after Bitcoin peaked in Nov ’21… and to last into Sept ’22. With a 12-week high-low-(low; Sept 12 – 16) Cycle Progression already corroborating that, Bitcoin’s […]

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Bitcoin Bubble & 40-Year Cycle: Sell-off into Sept ’22 on Track.

08/24/22 Weekly Re-Lay Alert – “Bitcoin has sold off after peaking during the latest phase of a 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, projecting a new decline after Aug 15. That corroborates ongoing analysis – described since Bitcoin peaked in Nov ’21 and fulfilled multi-year upside wave objectives & […]

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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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Bitcoin Bubble & 40-Year Cycle: Aug 15/16 Cycle High Fulfilled.

08/17/22 Weekly Re-Lay Alert – “Bitcoin rallied into, and peaked during, the latest phase of a daily high-high-high-(high) Cycle Progression on Aug 15.  That also fulfilled its intra-month uptrend, which projected a rally into Aug 15/16 and a reversal lower. Once again, Bitcoin failed to close above its late-July high – reinforcing that as pivotal intermediate resistance.  That high had fulfilled Bitcoin’s initial upside target while also generating […]

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Bitcoin Bubble & 40-Year Cycle: Aug 15/16 = Likely Multi-Week High.

08/13/22 Weekly Re-Lay – “Bitcoin remains in positive territory and could see a spike up to 27,200 – 27,600/BT – where the declining weekly 21 Low MAC converges with the weekly LHR.  It continues to ride along/above the rising daily 21 High MAC – which could spur a quick rally into daily & intra-month cycle highs on Aug 15/16. It is positive until a daily close below 20,700/BT.” Bitcoin, in Nov ’21, […]

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Bitcoin Bubble & 40-Year Cycle: Aug 11 – 15 = Likely Multi-Week High.

08/10/22 Weekly Re-Lay Alert – “Bitcoin remains in positive territory and could see a spike up to 28,500/BT – where the declining weekly 21 Low MAC converges with multiple weekly LHRs.  It is positive until a daily close below 20,700/BT. A daily high-high-high-(high) Cycle Progression projects a peak on Aug 11 – 15.” Bitcoin, in Nov ’21, fulfilled what its monthly and weekly trend indicators projected and what its overall wave structure […]

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Bitcoin Bubble Burst & 40-Year Cycle Reset: Dollar Strength into 2023.

07/13/22 Weekly Re-Lay Alert – “Today’s CPI report reinforced, yet again, that inflation is alive and well in the US economy.  It is, however, entering a decisive time frame when a peak has long been forecast – in 3Q ‘22.  That precise peak could be seen in CPI or PPI or other measures of commodity price inflation (GSCI, etc.) but the important factor is that the time […]

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Bitcoin Bubble Burst & 40-Year Cycle Reset: Ultimate Plunge to/below ~13,800/BT Likely!

07/06/22 Weekly Re-Lay Alert – 40-Year Cycle Reset; Phase VIII Begins – “While an intra-week Alert is not normally the place for discussing multi-decade cycles (and this one will be brief), there are times when it is important to distinguish the forest from the trees.  No time is more critical for that undertaking than the onset of a new major cycle. Since 2012/2013, our […]

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