Bitcoin & Stocks Poised for Bounce Followed by (Final?) Plunge.
03/15/25 – “Stock indexes dropped sharply into mid-March with multiple indexes reaching multi-month downside targets while bottoming in sync with daily & weekly cycle lows surrounding March 12/ 13th. They could still see lower lows in late-March/ early-April and continue to provide intriguing parallels to 2020 and also to 2008 (the previous phase of the 17-Year Cycle)…
Bitcoin & Ether fulfilled analysis for sharp sell-offs into early-March with Bitcoin initially dropping right to its 50% retracement level (~79,000) and then to its pre- & post-Election levels (before the Nov ’24 accelerated surge) – 1 – 2 month support zones around 76,100 – 77,200/BTC that could/should spur a rebound into the coming week.
Bitcoin could see a quick surge back to 90,000 – 91,800/BTC in the coming week… followed by a drop into March 24/25th – the latest phase of a 24 – 25-day high-high-high-low-low-low-(
Bitcoin fulfilled projections for a sharp plunge into early-March but is still expected to attack ~74,500/BT before a multi-month bottom becomes more likely. In sync with related stock indexes, this could lead to a final sell-off into early-April ’25 – when powerful cycles bottom in equities. The extent of crypto’s overall 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. It is also the next phase of corroborating ~6-month & ~11-month Cycle Progressions.
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”
When Will Bitcoin Likely Attack ~74.500/BT (and Bottom)?
How High Could Cryptos Subsequently Climb into July ’25 Cycle High?
What Impact Should Early-April Stock Market Cycle Lows Have?
Refer to latest Weekly Re-Lay & INSIIDE Track publications for additional details and/or related trading strategies.