Hello Premium Subscribers!
Since the last premium newsletter, we have seen a dive taken from the highs of 31k with a drop of 13% to the lows of $27,000. After reaching the $27,000 lows, there was a massive recovery spike to $30,000, followed by a retrace to the lows, and a secondary recovery.
Volatility is back with a vengeance!
In previous newsletters, I have concluded that we are starting to see price action more similar to 2019, with steep rise out of the lows and likely a more exaggerated mid-top. But to support multiple perspectives, I want to introduce another scenario which is if Bitcoin were to take a healthier approach similar to 2015, I will also discuss the action I would take if we started to see price lean in that direction.
My goal is always to provide you with data from a multitude of sources with clear, informed and unbiased as possible conclusions.
Is it possible to take a more 2015 like approach from here, what would that look like? These questions will be answered within, let’s get started!
In This Newsletter…
Market Psychology
Healthy or Unhealthy route?
What should you do?
Altcoin market