Bitcoin Confirming Top II; Plunge to 42,000/BT Possible in 2021

11/20/21 Weekly Re-Lay – “Bitcoin peaked in sync with its daily trend pattern – projecting a subsequent decline to at least 54,000 – 56,000/BTZ (which has initially been fulfilled) and potentially down to 49,000, possibly 42,000/BT.” Bitcoin fulfilled what its monthly and then weekly trend indicators have projected – a surge to new all-time highs (~66,000+/BT) ushering in a major top.  On Nov 10, Bitcoin produced an […]

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Bitcoin Confirming Top; Plunge to 42 – 43,000/BT Possible in 2021

11/17/21 Weekly Re-Lay Alert – “Bitcoin retested its peak and fulfilled its daily trend pattern – setting the stage for a double top and a subsequent decline to at least 54,000 – 56,000/BTZ.  Its surging, inversely-correlated daily 21 MARC helped spur the current sell-off after assisting the daily 21 MAC in turning down. Since this is now occurring after a retest of the high, a larger-magnitude correction could […]

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Bitcoin Fulfills Final Spike High; Sharp Drop Expected in Nov/Dec ‘21

11/13/21 INSIIDE Track Update – “Bitcoin retested its peak but would not confirm a secondary top – and project a drop to (at least) 54,000 – 56,000/BTZ – until a daily close below 61,300/BTZ.  (Since this would now be occurring after a retest of the high, a larger-magnitude correction could unfold over a few weeks.) Its inversely-correlated daily 21 MARC is surging and could exceed current price in […]

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Bitcoin Poised for Final Spike High; Sharp Drop Likely in Nov/Dec ‘21

10/30/21 Weekly Re-Lay – “Bitcoin dropped about 15% after reaching its 2 – 3 month upside target (68,325/BTZ) and initially peaking.  It was unable to turn its daily trend down while dropping right to its rising daily 21 High MAC and reversing higher.  That ushers in the possibility for a retest of the recent high before a further drop to 54,000 – 56,000/BTZ.” Bitcoin is fulfilling […]

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Bitcoin Surges to New Highs, Fulfilling Monthly & Weekly Trend Signals

10/20/21 Weekly Re-Lay Alert – “Bitcoin has fulfilled exactly what its monthly trend pattern projected in mid-July and what its weekly trend pattern projected in late-Sept – a surge back to/above its mid-April ’21 peak (~66,000/BT, 68,325/BTZ) and a high near that level.  October’s monthly LHR is 69,445/BTZ and could be tested before a peak is set. This action is closely coinciding with the launch of the […]

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Bitcoin Bottoms on Sept 22 – 24; Weekly Trend Projects Surge to New Highs

09/30/21 INSIIDE Track – “Bitcoin remains strong but has consolidated after spiking up to ~53,500/BT in Sept.  It has since corrected and twice neutralized its weekly uptrend, ushering in the ideal time for a new advance.  Monthly & weekly trends project new highs (~65,000+/BT).” Intermediate cycles projected multi-week lows for Sept 22 – 24 and possibly Dec 22 – 24 – with surge to […]

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Bitcoin Fulfills Intermediate Upside Target; Projects Pullback into Sept 22 – 24

09/20/21 INSIIDE Track Update – “Bitcoin fulfilled analysis for a spike up to 53,500 – 55,000/BT and has since corrected.  However, it would not turn its daily trend down until a daily close below 44,395/BTZ.  It could spike lower into Sept. 22 – 24, fulfilling a ~3-month high (Mar 19) – low (June 22) – low Cycle Progression.” Intermediate cycles project multi-week lows for Sept 22 – 24 […]

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Bitcoin Fulfills Intermediate Upside Target; Pullback Likely Before Next Surge

09/11/21 Weekly Re-Lay – “Bitcoin fulfilled analysis for a spike up to 53,500 – 55,000/BT – hitting 53,605/BTZ on Sept 7 and reversing lower – but would not turn its daily trend down and confirm a multi-week top until a daily close below 44,395/BTZ.” Based on its monthly trend pattern in June ’21 – while fulfilling downside targets at ~29,000/BT – Bitcoin continues to project an overall surge […]

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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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