Tag: Bitcoin

06/17/23 Weekly Re-Lay – “Bitcoin & Ether have, since late 2022, been projecting a series of rallies with Bitcoin forecast to rally to ~25,000, then ~30,000, pull back to ~25,000, and then rally to ~35,000.  It just fulfilled the 3rd of those 4 projections while holding its weekly 21 Low MAC (~24,670/BT). Ether tested & held intra-year trend support and 50% retracement support at 1606 – […]

06/14/23 INSIIDE Track Update – “Bitcoin & Ether closed last week below their rising weekly 21 High MACs, delaying the onset of a new rally and inverting what is likely (a low) for daily cycles converging on June 14/15.  That also projected a drop toward their corresponding weekly 21 Low MACs – currently at ~24,670/BT & ~1665/ETH. The June 16 weekly close could have far-reaching implications for […]

06/12/23 INSIIDE Track Update – “Bitcoin & Ether closed last week below their rising weekly 21 High MACs, delaying the onset of a new rally and inverting what is likely (a low) for daily cycles converging on June 14/15.  Neither has turned its weekly trend down, so there is still a good chance for a new rally to follow.  Longer-term weekly & monthly cycles converge […]

06/10/23 Weekly Re-Lay – “Bitcoin & Ether closed the week below their rising weekly 21 High MACs, delaying the onset of a new rally and inverting what is likely (a low) for daily cycles converging on June 14/15.  Neither has turned its weekly trend down, so there is still a good chance for a new rally to follow.” Bitcoin is completing its projected ‘a-b-c’ decline […]

06/03/23 Weekly Re-Lay – “Bitcoin & Ether corrected for over a month and had been repeatedly testing their rising weekly 21 High MACs – a decisive level of multi-month trend support.  That is expected to spur a new rally… up to ~35,000/BT & ~2,500/ETH.  Daily cycles converge on June 14/15.”   Bitcoin is completing its projected ‘a-b-c’ decline – that has targeting a test of ~25,000/BT before […]

05/31/23 Weekly Re-Lay Alert – “Bitcoin & Ether corrected for over a month and had been repeatedly testing their rising weekly 21 High MACs – a decisive level of multi-month trend support – throughout that correction.  That was expected to spur a new rally.. They maintain the potential for rallies to ~35,000/BT & ~2,500/ETH.” Bitcoin is completing its projected ‘a-b-c’ decline – that has been […]

05/27/23 Weekly Re-Lay – “Bitcoin & Ether have corrected for over a month and have been testing their rising weekly 21 High MACs – a decisive level of multi-month trend support… They maintain the potential for rallies to ~35,000/BT & ~2,500/ETH.”   Bitcoin remains in an ‘a-b-c’ decline – projected to reach ~25,000/BT before the next leg up.  That should be a new surge into mid-year […]

05/18/23 Weekly Re-Lay Alert – “Bitcoin & Ether remain below multi-week peaks set on April 17 – 21, ’23 (the latest phase of a ~21- 22-wk/~5-month low-low-low-(high) Cycle Progression) and could stretch this decline… to ~25,000/BT.  If Bitcoin can reach – and hold – ~25,000 – 25,300/BT, it would be in the ideal position to see a new rally to ~35,000/BT” Bitcoin is reinforcing analysis for […]

05/13/23 Weekly Re-Lay – “Bitcoin & Ether remain below multi-week peaks set on April 17 – 21, ’23 – fulfilling a ~21- 22-wk/~5-month low-low-low-(high) Cycle Progression and in a likely ‘c’ wave decline… If Bitcoin can reach – and hold – ~25,000/BT, it would be in the ideal position to see a new rally to ~35,000/BT.” Bitcoin is reinforcing analysis for an ‘a-b-c’ decline – ideally to ~25,000/BT – before […]