Bitcoin Reaches Projected Sept ’22 Cycle Low; Bottom Likely by Sept 23!
09/07/22 The Bridge – Crypto Currency War: Divergence – “Since the Nov ‘21 peak, Bitcoin has been forecast to drop into Sept 2022 before a major low would be likely. Well, Sept ‘22 has arrived!”
1-05-22 – Bitcoin is fulfilling the 2 – 3 month outlook for a drop to 40,000 – 42,000/BT – where crucial 3 – 6 month support resides. The intriguing thing remains the multiple levels of ‘5th’ waves that were fulfilled at its high in Nov ’21… A 15-month low (9/17) – low (12/18) – low (3/20) – low (6/21) Cycle Progression recurs in Sept ‘22 and could time the next major low.
1-31-22 – Bitcoin is adhering to the 6 – 12 month outlook, spiking to new highs in Nov ‘21 and then entering a major corrective phase…A 15-month low (9/17) – low (12/18) – low (3/20) – low (6/21) Cycle Progression recurs in Sept ‘22 and could time the next major low.
2-28-22 – Bitcoin is expected to work down… A 15-month low (9/17) – low (12/18) – low (3/20) – low (6/21) Cycle Progression recurs in Sept ‘22 and could time a 1 – 2 year low.
3-31-22 – Ultimately, Bitcoin is expected to work down toward… A 15-month low (9/17) – low (12/18) – low (3/20) – low (6/21) Cycle Progression recurs in Sept ‘22 and could time a 1 – 2 year low.
4-29-22 – Bitcoin is still expected to… potentially bottom during the next phase of a 15-month low (9/17) – low (12/18) – low (3/20) – low (6/21) Cycle Progression in Sept ‘22.
5-27-22 – Bitcoin remains capable of stretching its overall decline into the next phase of a 15-month low-low-low-low Cycle Progression in Sept ‘22.
6-30-22 – Bitcoin remains capable of stretching its overall decline into the next phase of a 15-month low-low-low-low Cycle Progression in Sept ‘22.
8-31-22 – Bitcoin… sold off after peaking on Aug 15/16 while fulfilling a 20-week low-low-high-high-(high) Cycle Progression. At the very least, it needs to spike to new lows in Sept ’22 in order to fulfill its ~15-month Cycle Progression.”
Bitcoin, in Nov ’21, fulfilled projections for a 5th of 5th wave peak in sync with a ~4-Year low (2009) – high (Nov/Dec ’13) – high (Nov/Dec ’17) – high (Nov/Dec ’21 Major Top) Cycle Progression. That also fulfilled the multi-year outlook for a major advance into 2021 when Currency War Cycles culminated and when the US Dollar would begin to rally and suppress the Crypto market.
Since then, Bitcoin has been projected to plunge into Sept ’22 – when monthly cycles project the next major low. Weekly cycles corroborate that and project a multi-month bottom by Sept 23. The US Dollar could set an initial (1 – 2 month) peak in Sept ’22… while Bonds could set a 1 – 2 month bottom (peak in interest rates).
What does this mean for the future of cryptos?
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