Hello Premium Subscribers!
As of today, it seems Bitcoin is starting to pull out of its range in the 16k region. As of writing Bitcoin is trading at 17.3k. To be transparent, it is impossible to determine definitively that this marks the end of the bear market. However, data seems to point that it could be. As I have posted many times and with many different observations, price has been trading at the bottom of very important supports and it is really only a matter of time before it starts to sprint back up.
My last premium newsletter discussed how you do not have much time to buy at the best prices of the cycle. Bitcoin has been trading in the 16k region for months and for many indicators, has spent close to the longest amount of time in their buy zones as in other points in history. In this premium edition newsletter I will be covering some very short term data and working my up the time frames to get a better conclusion as to what’s happening.
This Newsletter will Discuss:
A look at 4 hr time frame to analyze the upcoming weeks
A Look at the Daily and Weekly time frames to gain a larger perspective
A look at some on-chain data
Some in depth analysis of my own observations