Bitcoin Nearing Intermediate Peak II; Spike Above ~50,000 Still Possible

08/21/21 Weekly Re-Lay – “Bitcoin remains strong and is nearing a 1 – 2 month upside target near ~50,000/BT.  A spike up to the monthly LHR (~55,000/BTU) is possible in the short-term.  On balance, the monthly & weekly trends project a retest of the high near 65,000/BT.” Based on its monthly trend pattern in June ’21 – while fulfilling downside targets at ~29,000/BT – Bitcoin continues […]

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Bitcoin Nearing Intermediate Peak; Spike Above ~50,000 Still Possible

08/19/21 INSIIDE Track Update – “Bitcoin remains strong, validating the overall outlook for a surge to 47,000 – 50,000/BT.  It is currently testing its declining weekly 21 High MAC after twice neutralizing its weekly downtrend.  As a result, it is at a pivotal juncture when a secondary top could take hold.  In order to prevent that from occurring, Bitcoin would need to give a weekly close above 48,000/BTU […]

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Bitcoin Reinforces Uptrend; Projects August Spike to ~50,000

08/12/21 INSIIDE Track Update – “Bitcoin broke out to the upside, validating the outlook for a surge to/above ~47,000/BTU… potentially attacking ~50,000/BT.  It needs a daily close above 47,000/BTU to project a surge above 50,000/BTU. In recent months, Bitcoin created a trading range between ~30,000 and ~40,000/BT – rarely generating a daily close (in the Sept futures) outside of that range.  On Aug […]

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Bitcoin Mounting (Final?) Advance; Spike Above 65,000/BT Likely!

08/04/21 Weekly Re-Lay Alert – “Bitcoin continues to rebound after fulfilling the outlook for a peak near 65,000 and a subsequent drop to ~29,000/BT.  It fulfilled projections for an initial rebound to 41 – 42,000/BT – a ~50% surge during the month of July – and could see another surge in August. A daily close above 42,100/BTU is needed to project a spike up to/above ~47,000/BTU… potentially […]

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Bitcoin Beginning (Final?) Advance; Late-2021 Peak (Spike Above 65,000/BT) Likely!

07/28/21 INSIIDE Track – “Throughout the past decade, INSIIDE Track has discussed the uncanny 40-Year Cycle and its relationship to recurring events such as ‘Currency Wars’.   The focus was on the period from 2016 – 2021, with expected parallels to 1976 – 1981, 1936 – 1941, 1896 – 1901, 1856 – 1861, 1816 – 1821 & 1776 – 1781. One key aspect of this was the forecast […]

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Bitcoin Confirming 3 – 6 Month Bottom (‘Wave IV’); Final (‘Wave V’) Rally Expected.

07/01/21 INSIIDE Track – “There are certain times when it is strongly advised to step back, assess your surroundings, review your plan of action (or expectations), decide whether that plan needs any tweaking or revising, and then resume your forward progress. Now is one of them! One of the key reasons for that involves the stock market and the culmination of an […]

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Bitcoin Reaches Downside Target; 3 – 6 Month Bottom Likely!

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 […]

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Bitcoin Poised for Final Spike Low; ~29,000/BT Remains Key Support.

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 […]

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Bitcoin Fulfilling 2016 – 2021 Outlook; Major Top Likely in 2021!

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 […]

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Bitcoin Attacks Multiple Support Levels; Bottoming Phase Begins.

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 […]

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