Wild swings recent days make me unceratin about short term direction, but in general I have a bearish outlook for the next three weeks. Then rally in July, and down in August.
1 extracted signal · 1 resolved · 0 still active
JB Cycles08 Jun 2025, 15:07 UTC
AI-generated source summary
The analysis predicts a downtrend for Bitcoin (BTCUSDT) over the next three weeks, starting from June 8, 2025. It anticipates a low in August, suggesting an ABC move downwards. The analysis originally considered a higher high in June, followed by a decline to August, but market oscillations suggest a low in late June, a rise in July, and then a decline in August. The 4-week cycle for Bitcoin indicates bearish momentum for the upcoming week. A low is expected around June 26th. However, breaching a trend line introduces uncertainty. A potential bigger bounce followed by a lower shoulder forming before the downtrend to late June is also possible, while a potential crash could occur in August.
AI-generated summary based on the source content.
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Signals in this source
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My monthly and weekly data look ready for some decent downside, but I can´t see a good setup in the daily data. We either have to get a real breakdown this coming week, or maybe it will be a final fake bullish breakout (beartrap) that will complete the setup...
Time is running out for bears in this "10-week oscillation"... but it could still happen into around Feb.09
JB Cycles
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