Monday, April 3, 2023

4/4 High, Bitcoin & SPX at LT Channel resistance


Bitcoin saw a strong 49% rally since the Banking Crisis began, with 3/10/23 SVB Collapse, but it has been sideways since 3/20/23, because it is right at long term 
make or break weekly channel resistance. Bullish above, Bearish below.



We are also approaching major Long term Make or Break SPX Resistance area. Bullish above, Bearish below.





Today, 4/4 was an Apex CIT, among other Time and Cycle clusters and has the potential to be a major turning point.



The Symmetry Point Cycle suggest another reason for the 4/4/23 High.

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