Bitcoin/Cryptos & Stocks Fulfilling Projected Plunges; Early-April ’25 = Major Cycle Low.
03/05/25 – “Stock Indices fulfilled 1 – 2 week expectations for a sharp drop from Feb 18/19 – when the S+P 500 & NQ-100 fulfilled their upside objectives & weekly trend targets and signaled a peak – into the opening days of March… when some daily cycles recurred.
While that was expected to usher in an initial low, it is not expected to hold for too long. In the ideal scenario (if multiple indexes had attacked multi-week downside targets), it could have ushered in a 1 – 2 week bottom. However, that is not the case… so there is no telling how long (or short) these lows will hold. Price action should make that determination.
In addition, there is still room for an additional drop this week – that would still fulfill that near-term timing target. In either case, the stronger focus is on late-March/early-April ’25 – when a more significant low has been projected to take hold…
Bitcoin & Ether fulfilled analysis for sharp sell-offs into early-February and then into early-March… but could still see additional downside. As stated last week, Bitcoin dropped right to its 50% retracement level (~79,000), the likely place for a bounce.
That rebound quickly took hold and saw Bitcoin rally 50% of its decline but quickly level off. March 6/7th could usher in a new wave down if Bitcoin fails to close above its March 3rd high.
Bitcoin is still expected to test 72,000 – 74,500/BT in March, a range that has just been corroborated with new monthly support.”
Bitcoin is fulfilling projections for a sharp plunge into early-March, fulfilling multiple indicators & related sell signals triggered in January & February. Bitcoin’s January high was a textbook multi-month peak set in perfect sync with MAJOR upside price targets. That projected/projects an overall decline into early-March ’25 as a key phase of a bigger shift.
Ether (and other cryptos) peaked in December ’24 and projected similar sharp declines that are accelerating lower. In sync with related stock indexes, this could lead to a final sell-off into early-April ’25 – when powerful cycles bottom in these markets.
As part of that, Bitcoin is still projected to plunge back to 72,000 – 74,500/BT – where critical 3 – 6 month support aligns. That could coincide with ongoing projections for equity markets to plunge into late-March/early-April ’25 – when a multi-month bottom is most likely. The extent of crypto’s projected plunge should have a powerful impact on future cycle highs – in July & Nov/Dec ’25.
Bitcoin’s cycles peak again in late-July ’25 – the next phase of its uncanny 16-month Cycle Progression that has been repeatedly highlighted over the past couple years. See the November ’24 issue of The Bridge for additional analysis and illustrations of this 16-month cycle and its focus on July 2025… The Bridge – “Currency War: Rock, Paper, Scissors II”
How Far Could Cryptos Sink into March/April ’25 Cycle Lows?
How High Could They Subsequently Climb into July ’25 Cycle High?
What is Current Action Revealing for late-2025/early-2026?
Refer to latest Weekly Re-Lay & INSIIDE Track publications for additional details and/or related trading strategies.