Monthly Trend Indicators Project Ultimate New Highs in Bitcoin & Stock Indexes.
04/23/25 – “Stock Indices are reinforcing that a multi-week, and potentially multi-month, bottom took hold on April 7th – the convergence of monthly, weekly & daily cycles and the fulfillment of diverse downside targets.
At the time, they fulfilled ongoing projections for 20 – 25% declines leading into early-April AND attacked decisive 3 – 6 month range-trading objectives.
The DJTA, S+P Midcap 400 & Russell 2000 are leading this reversal higher just as they led reversals lower in late-Nov ’24, late-Jan ’25 & late-Feb ’25…
Bitcoin & Ether are rallying, reinforcing Bitcoin’s resiliency and underlying strength in the face of plunging stocks and rising interest rates. That was projected to spur a stronger rally – with a quick 2 – 3 day surge to ~93,000 – ~95,000/BT likely…
Similar to stock indexes, cryptos are showing signs of a multi-week bottom with Bitcoin maintaining positive structure in its weekly & monthly trend structure.
Based on the action of the coming week(s), that could spur a Bitcoin rally back to its all-time high even as most other cryptos just trace out a normal rebound… The price action of the coming days could reinforce that potential. If Ether rallies to ~2,000/ETH and sets its April ’25 high near there, that would create a monthly LHR for May ’25 around 2,200/ETH.“
Bitcoin is reinforcing signs of bottoming after fulfilling analysis for an attack of ~74,500/BT before a multi-month bottom would take hold (74,496/BT was April 7th low). That coincided with the fulfillment of stock market declines as powerful cycles bottomed and portended new multi-month rallies.
July ’25 is the next phase of an uncanny 16-month Cycle Progression in Bitcoin that portends a multi-month peak at that time. It is also the next phase of corroborating ~6-month & ~11-month Cycle Progressions. Bitcoin’s weekly & monthly trends argue for a rally to new all-time highs by/in 4Q ’25. (Other cryptos – like Litecoin, Doge & Solana turned their monthly trends down, so new highs are not likely.)
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”
Will Bitcoin Reach New All-Time Highs by/in July ‘25?
How are Stock Index Monthly Trends Corroborating?
What Impact Should 17-Year Cycle Have on Both?
Refer to latest Weekly Re-Lay & INSIIDE Track publications for additional details and/or related trading strategies.