BITCOIN & ETHEREUM MONTLHY REPORT 4TH JANUARY 2021

 

BITCOIN PRIMARY CYCLES

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If you have been following me on twitter you would have captured this entire move on the upside.

The initial move was to the December highs, but the blast occurred in the final week of the year.


$BTC #Bitcoin
can come back down into support today, but it can also kick up to the Daily highs. (5 hours) My view it will test the daily highs, but come back down and retest support on Tuesday / Wednesday. The look for set-ups, for a Weekly rally towards $33k
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My view there are more gains in the short-term, but I think there will be a reversal back down in the January Yellow that will coincide with the highs in the S&P 500 (read report)

If that happens, buy and HOLD for further gains into the rest of 2021.


#Bitcoin
will move up to $38K+ in January, as high as $43,400. If it gets to $43400 in first 2 weeks of JAN, I will be out of all #BTC
Below JAN RED down into JAN Yellow (HODL BUY), freak wick would be $17700 hold into Feb highs $65K Trade Primary Cycles, Manage Daily Cycles


ETHEREUM Primary Cycles

Whilst above $914-930, Target $1,280.

Same expectation of a reversal into the Yellow in January. $615


$ETH #Ethereum Target in early JAN $915-930 Manage upside using key levels in the Primary - $743, $798 (also Daily cycles) If that happens expectation is towards $1,280+