BITCOIN & ETHEREUM MONTHLY REPORTS 4TH APRIL 2021

BITCOIN SECONDARY & PRIMARY CYCLES

SINCE MY LAST POST, BITCOIN HAS PLAYED IT OUT PRECISELY...

AND IF IT FOLLOWS THE QUARTERLY CYCLES - BREAKOUT.

THEN IT SHOULD BE RISING UP FROM "LOOK HERE"  AND MOVING UP TOWARDS, 

63,690 BY THE END OF NEXT WEEK.

OBVIOUSLY ANYTHING BELOW WILL BE BEARSISH AND COULD SEE PRICE DOWN INTO  SUPPORT - 41,779

IF WE LOOK AT THE PRVIOUS BULL MARKET IN 2017, #bITCOIN WENT AS HIGH AS THE 2ND TARGET (BLUE) IN EARLY MAY, THEREFORE I CAN'T DISCOUNT AT MOVE THAT HIGH TO $155K 

1ST TARGET WILL BE $99K+

ETHEREUM QUARTERLY & PRIMARY CYCLES

SAME PATTERN IN ETHEREUM

THERE COULD BE SELLING PRESSURE, BUT IF IT FOLLOWS THE PATTERN IN BITCOIN, THEN TARGETS ARE LAID OUT FOR APRIL - JUNE.

AS WELL AS SUPPORT

BITCOIN & ETHEREUM REPORT 6th March 2021

 

BITCOIN PRIMARY CYCLES

Since the last post #Bitcoin blasted higher with the Weekly close above $37,769, but didn't reach the February Target of $63,690

My view :- 

1. Above $48,815 tomorrow and the trading range is up to $57,242.

2. $52,461 will form support the week after, as it moves to $63,690 (resistance)

3. We  then look for a move towards the March highs of $86,000

Below  $46k next week and there is a risk of moving back down to $37,769

ETHEREUM Primary Cycles.

If long, stay long, especially if trading above $1666

If looking to add positions on Ethereum, I would be waiting for it to hit $1240-65, and if this plays out, it might be another month and the start of April before it gets going again.

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BITCOIN & ETHEREUM REPORT - TRADING ANALYSIS 31st January 2021

 

ETHEREUM  PRIMARY CYCLES

Break and extend pattern in the Monthly cycles from January @ 937.

Expectation it will continue to the February level @ 1825 +

Bullish above 1,280

However, I would not be surprised to see it move down into 1119 before Blasts higher

BITCOIN PRIMARY CYCLES

After the early run up in January to 42,000+, I was hoping that it would crash back down into the January YELLOW, which matches the 2021 50% level @ 23,300 and then once again add to more #Bitcoin for the restart of the Bull Market.

That has not happened, therefore the February YELLOW at 31,119 is of interest, as all TRENDS begin for the YELLOW and extend outward.

Outward could be down - 2021 50% level

However, it could also be $60,933 in FEBRUARY, and that is what I'm expecting.

Note  - $37,769 is the same levels as $13,529 (Yearly highs)

we need to see price above that for more buying to occur.

Follow me on Twitter @timepricetravel

#Bitcoin #Ethereum 

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.

timepricetraveller

@timepricetravel

·

Dec 28, 2020

$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

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.

timepricetraveller

@timepricetravel

·

Jan 3

#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

timepricetraveller

@timepricetravel

·

Jan 3

$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+

BITCOIN & ETHEREUM REPORT 6th December 2020

BITCOIN & ETHEREUM PRIMARY CYCLES.

BITCOIN HAS COMPLETED THE BREAKOUT AND EXTEND PATTERN FROM NOVEMBER  RED INTO DECEMBER HIGHS RED.

THIS IS OFTEN A RESISTANCE LEVEL AND CAN REVERSE DOWN.

ANY RESERVE DOWN CAN OFTEN BE 30-35%.

IN THE LAST BULL RUN, THERE WERE 6 X 35%  DROPS, EACH DROP WAS INTO THE YELLOW AND THEN THE NEXT TAKE OFF OCCURED.

MY SUGGESTION IS IF THIS HAPPEN, ADD POSITIONS AROUND THE TRAILING YELLOW FOR THE NEXT 12 MONTHS.

ETHEREUM

BREAK AND EXTEND PATTERN IS TOWARDS 760-814.

IF PRICE THIS WEEK IS BELOW $590, MY OPINION THE DOWN MOVE IN BOTH BITCOIN AND ETEREUM WILL BE ONLY 1 WEEK, OR AROUND $530 AND THEN FROM THE WEEK OF 13TH DECEMBER WE BEGIN THE NEXT MOVE HIGHER.

WHILST ABOVE $590, THE TREND IS STILL GOING.

THEREFORE

THERE'S A LOT MORE UPSIDE IN BOTH.

IF THERE'S WEAKNESS THIS WEEK, I DON'T THINK IT WILL BE A 35% DROP .

I THINK IT WILL BE BACK TOWARDS THE 5-DAY LOWS AND THEN THE NEXT LEG UPWARDS OCCURS FROM THE FOLLOWING WEEK

BITCOIN 25-26K 

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BITCOIN & ETHEREUM REPORTS - 1ST NOVEMBER 2020

 

BITCOIN PRIMARY CYCLES

WE'VE SEEN BITCOIN RALLY SINCE MY PREVIOUS REPORT AND NOW TRADING ABOVE THE 2020 HIGHS OF $13529

THIS IS NOW IN A PRIMARY CYCLE BREAKOUT ZONE, WITH AN UPPER TARGET OF $17561 IN NOVEMBER.

HOWEVER, WE HAVE SEEN MULTPILE TIMES, WHEN THERE 'S A BREAKOUT IN THE MONTHLY (RED) IT CONTINUES INTO THE NEXT MONTHLY HIGHS AND THEN REVERSES DOWN.

THIS MAY STILL HAPPEN THIS WEEK, AND IF IT DOES IT WILL BE A QUICK MOVE DOWN TO $12768 AND IN MY OPINION, THEY WILL BUY IT BACK UP  TO THESE SAME NOVEMBER LEVELS.

A BULLISH SCENARIO WILL SEE AN EARLY PUSH UP THIS WEEK TO $14459 - $14600

ETHEREUM PRIMARY CYCLES

THE KEY LEVEL IS $385 WITH A NOVEMBER TARGET OF $464.

A BREAKOUT OF $464 ON THE BACK ON BITCOIN MOVING TOWARDS 17K IS $590

HOWEVER, A RETEST OF $365 IS STILL A POSSIBILITY.

$333 IS THE 2020 HIGHS, THEREFORE WE ARE IN A PRIMARY CYCLE BREAKOUT, WITH AN EXPECTATION PRICE IS MOVING TO NEW HIGHS IN 2021

BITCOIN & ETHEREUM REPORT 9th OCTOBER

 

BITCOIN PRIMARY CYCLES

BOTH BITCOIN & ETHEREUM ARE ABOVE KEY PRIMARY CYCLES LEVELS AFTER SPENDING THE PREVIOUS YEAR IN BEAR CYCLES

BY FOLLOWING THE DILERNIA PRINCIPLES, THERE'S AN EXPECTATION THAT BEAR MARKET REVERSALS CONTINUE HIGHER FROM THE CURRENT YEAR & INTO NEW HIGHS THE FOLLOWING YEAR

THESE TRENDS OFTEN BEGIN IN THE LAST QUARTER OF THE YEAR AND CONTINUE TO NEW HIGHS AT THE START OF THE NEW QUARTER I.E  2021 HIGHS.

BY USING WEEKLY REGRESSION TOOLS WE ARE NOW LOOKING FOR CONSOLIDATION ABOVE THE OCTOBER LEVEL 10680 AND THE CROSS OVER ON THE BLUE LEVEL IN A COUPLE OF WEEKS

THAT MEANS - 2020 HIGHS AT $13529 AND THEN NEW HIGHS IN 2021

ETHEREUM PRIMARAY CYCLES

ETHEREUM IS ALREADY ABOVE ITS 2020 HIGHS $333 AND IT'S FORMING A ROBUST SUPPORT ZONE.

TIME IS NOW CATCHING UP WITH PRICE AND I'M STARTING TO LOOK FOR MOVES ABOVE THE YELLOW AT 355-64

SURE TIME CAN CATCH UP WITH PRICE AND PUSH IT DOWN TOWARDS $273......BUT??

THE PRIMARY CYCLES OF MOVING FROM A BEAR TO BULL, I'M FOLLOWING THE 2-WAVE PATTERN TO NEW HIGHS IN 2021

BITCOIN & ETHEREUM REPORT 4TH SEPTEMBER 2020

BITCOIN PRIMARY CYCLES

Same patterns in the Primary Cycles, but what's the outcome in September, if all trends originate from the Yellow levels and push outward?

It's more than likely it will be weeks away before any new up trend begins from 10100, however it doesn't mean it can't go up, towards 11700 over the next 7 days and consolidate above the September level .

or it can be like FEB/ MARCH

10100 supports price for the next 7-days and moves down to 9053 (NEXT BUY ZONE)

A Flash - crash similar to MARCH will see price down to approx 5900

ETHEREUM PRIMARY CYCLES

Price had to come into the BLUE level at $377 for any new up trend to begin

We can see similar price action in June 2019 and there's other instances in previous years.

Therefore today's lows need to close above  $395 by Sunday, for a potential move much higher the following week.

Please note that ETH is trading above the Yearly highs, which is bullish and a breakout.

Bearish pattern will be a sell-off following BITCOIN, back down towards $200