Don’t Give Up - This Bitcoin Indicator Supports the Bullish Narrative
Actionable Market Insights
I'm excited to share that my book, "Crypto Titans – How Trillions Were Made and Billions Lost in the Cryptocurrency Markets," is now available as an audiobook on Audible and Amazon. This meticulously researched work, supported by nearly 700 references, offers a comprehensive analysis of the five major Bitcoin bull markets and the evolution of the cryptocurrency industry. Whether you're new to crypto or a seasoned investor, this audiobook offers valuable insights into the key events, strategies, and lessons that have shaped the market. (audio version here)
Don’t Give Up - This Bitcoin Indicator Supports the Bullish Narrative
Why This Report Matters
Bitcoin has surged to the upper end of its range at $106,000, driven by institutional accumulation rather than retail speculation. Despite short-term bearish indicators, our view remains bullish as long as Bitcoin holds above $101,000. This report examines the catalysts behind Bitcoin’s rally, including ongoing corporate accumulation, MicroStrategy’s strategic buying, and the impact of Ethereum’s recent market behavior. We also discuss the importance of maintaining a balanced approach using call spreads to capture upside while limiting risk.
$106,000 still a hurdle for Bitcoin - for now
