Tag: Currency

06/23/21 Weekly Re-Lay Alert – “Bitcoin spiked below 29,000/BT – fulfilling its intermediate downside objective and spurring a quick bounce.  It tested and held its early-Jan. low – critical support for the intra-year trend.  As long as it does not give a daily close below 29,500/BTM, Bitcoin could see another bounce and spike above 40,000 before encountering intermediate resistance.” Bitcoin has fulfilled ongoing analysis for […]

05/26/21 Weekly Re-Lay Alert – ““Gold Recovers as US Dollar & Bitcoin Languish” Bitcoin fulfilled almost all the downside expectations it triggered when it reached its major upside target (~65,000/BT) and fulfilled multi-year wave objectives in mid-April – signaling that a ‘5th’ wave peak was unfolding.  That was projected to trigger a sharp plunge back toward ~29,000/BT – the 4th wave of lesser degree support (and […]

05/26/21 INSIIDE Track – “Currency Wars – Rock, Paper, Scissors; a x b = c 5-27-21 – The first five months of 2021 have powerfully reinforced the perspective on the current phase of ‘Currency Wars’ and the ongoing forecast – since 2015/2016 – that Gold and other anti-Dollar vehicles would move higher into 2021 (with accelerated advances projected for 3Q ‘20 – 2Q ‘21) as […]

05/21/21 INSIIDE Track Update – “Bitcoin fulfilled almost all of the downside expectations it triggered when it reached its major upside target at ~65,000/BT and signaled that a ‘5th’ wave peak was unfolding.  That was projected to trigger a sharp plunge back toward ~29,000/BT – the 4th wave of lesser degree support (and the 2021 intra-year low and support). It reinforced that with a primary range-trading […]

05/19/21 Weekly Re-Lay Alert – “Rock, Paper, Scissors (Bitcoin Bubble?) & 4WoLD” Currency Wars Heat Up Once again, the three primary ‘currencies’ – roughly categorized by fiat (paper, debt-backed), hard (metals) and digital (cryptos) – are swinging in close synchronicity when viewed from a broader vantagepoint. Over the past several years, this overall perspective has been described using two analogies.  The first […]

05/13/21 INSIIDE Track Update – “Bitcoin held resistance near 60,000/BTM – the level that needed to hold in order to trigger a sharp plunge to ~29,000/BT – the 4th wave of lesser degree support (and the 2021 intra-year low and support).  It generated a bearish daily 21 MAC pattern in early-May and began this week with an outside-day/2 Close Reversal lower – corroborating the daily 21 MAC pattern and projecting a sharper sell-off. […]

05/06/21 INSIIDE Track Update – “Bitcoin initially plunged to ~48,000/BT after reaching its 3 – 6 month and 6 – 12 month upside targets near 65,000/BT.  That peak is capable of triggering an overall correction back to ~29,000/BT – the 4th wave of lesser degree support (and the 2021 intra-year low and support).  In the interim, Bitcoin bounced into May 3/4 and fulfilled a daily low-low-high-high Cycle Progression.  It would not […]

04/29/21 INSIIDE Track – “04-29-21 – The markets have entered a momentous time when 5 – 10-year trends and shifts were projected to culminate, 40-year cycles and trends were projected to shift and larger-degree cycles – like the 80-Year Cycle of War – were projected to enter a new and decisive phase. At least part of these shifts are also linked to the uncanny influence […]

04/28/21 Weekly Re-Lay Alert – “Bitcoin initially plunged to ~48,000/BT after fulfilling its 3 – 6 month and 6 – 12 month upside target near 65,000/BT (65,000 – 66,800/BT).  Its recent peak fulfilled multiple wave objectives and was/is capable of triggering an overall correction back to ~29,000/BT – the 4th wave of lesser degree support (and also the 2021 intra-year low and support). It has recently bounced to […]

04/21/21 Weekly Re-Lay Alert – “Bitcoin rallied to a decisive upside objective near 65,000/BT (65,000 – 66,800/BT) – a critical target on a 3 – 6 month & 6 – 12-month basis. In doing so, Bitcoin precisely matched the magnitude of its previous rally (from March ’20 into Jan. ’21) during the current surge from mid-Jan. ‘21.  From an Elliott Wave perspective, that would […]