Bitcoin should be very close to a major bottom right now

7 בספט׳ 2022

My analysis suggests Bitcoin needed to move below the 18.9k level in order to setup a new momentum base - then launch to levels above 25K (possibly targeting 30k or higher).

I suggest Bitcoin traders start to look for a base/bottom setup below $18.8 (if possible) as I expect a very big rush to safety taking place over the next 60+ days. I believe this flight to safety will be the result of some geopolitical event - not a Fed event. Possibly China/Russia or somewhere else.

My research suggests the second half of 2022 is highly likely to include a major cycle inflection trigger. Watch OIL, GOLD, SILVER, US Dollar and other major indexes.

Something very big is going to hit between now and the end of September 2022.

Bitcoin should start to bottom and then move above 23K fairly quickly - possibly within 10+ days.