BITCOIN ETHEREUM REPORT 4 JULY 2021

 

BITCOIN SECONDARY AND PRIMARY CYCLES

PART 1. 

When we look at the Secondary Cycles, it’s starting the 3rd Quarter below (not good), therefore as much as I have the view that price is going up, never discount that price could test $23,000 and as lows at $20k (previous all time highs)



BITCOIN PRIMARY AND DAILY CYCLES

PART 2

Start of the new Quarter and price isn’t as high as I would like it to be at the E.O.W.

I still have the view that the 1st week of the Quarter will push up, either from today’s 50% level,  a much chance of it re-testing 32,900/daily lows….



ETHEREUM REPORT

We need to see price trading above 2,290, it will break the weekly cycle highs and put it above the quarterly and July 50% levels.

We will then have a target of $3,414 for the 3rd Quarter to work with.


However, if you're wanting to BUY here, keep in mind price can be pushed down, and as far as $1,680.

That down move will depend on what Bitcoin does in relation to it's own levels, as mentioned above.