Bitcoin Remains Targeted for ~25,000/BT… Before Rally to ~35,000+/BT.
05/27/23 Weekly Re-Lay – “Bitcoin & Ether have corrected for over a month and have been testing their rising weekly 21 High MACs – a decisive level of multi-month trend support… They maintain the potential for rallies to ~35,000/BT & ~2,500/ETH.”
Bitcoin remains in an ‘a-b-c’ decline – projected to reach ~25,000/BT before the next leg up. That should be a new surge into mid-year or beyond (capable of reaching 35,000/BT or higher). It’s intra-year uptrend remains intact, projecting an overall advance into June/July ’23… and possibly beyond. Mid-June ’23 is shaping up as the next decisive (intermediate) cycle.
How High Can Bitcoin Surge in 2023?
When is Next (Likely) Buy Opportunity??
Will ~25,000 (Downside) Target Pinpoint Bottom?
Refer to latest Weekly Re-Lay & INSIIDE Track publications for additional details and/or related trading strategies.