Bitcoin & Ether Project Multi-Week Surges; Trigger Buy Signals
07/13/24 – “Bitcoin & Ether have corrected after fulfilling 16-month cycle highs in mid-March 2024. Bitcoin just turned its weekly trend down (a lagging & confirming indicator) as Ether did not. That is likely to spur a rally to [reserved for subscribers]…
They initially bottomed as Bitcoin fulfilled a ~10-month high-high-high-low-low-low (Sept ’23) – (low; July 2024) Cycle Progression and a ~68-day low (10/11/23) – low (12/18) – low (2/23/24) – low (5/01/24) – (low; Jly 8, ‘24) Cycle Progression. That also completed successive ~7-week declines.
2 – 4 week traders could be entering long positions in Bitcoin & Ether [reserved for subscribers]…” TRADING INVOLVES SUBSTANTIAL RISK!
Bitcoin & Ether have likely set multi-month lows with Bitcoin cycle lows converging on July 8th as Ether trend signals project a subsequent surge. They are projecting imminent multi-week surges, reinforcing the outlook for geopolitical challenges in the middle half of July 2024.
(Refer to January 11, 2024 The Bridge – Crypto Currency War Continues and other special updates and reports for additional analysis.)
What Does Bitcoin’s Overall Wave Structure Reveal?
Why are Bitcoin & Ether Ready to Enter a July Surge?
How High Could Next Crypto Rally Reach?
Refer to latest Weekly Re-Lay & INSIIDE Track publications for additional details and/or related trading strategies.