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.”

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Based on its monthly trend pattern in June ’21 – while fulfilling downside targets at ~29,000/BT – Bitcoin continues to project an overall surge to new all-time highs (above 65,000/BT) before a major top becomes most likely.  If Bitcoin can peak in 4Q ’21, it will powerfully corroborate the outlook for 2022!

What would that mean for the future of cryptos?    

Refer to latest Weekly Re-Lay & INSIIDE Track publications for additional details and/or related trading strategies.