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Crypto Market Updates February 27th

Prices Never Go Vertically Up

Author

Alpha 12 Team
February 27, 2024

Market Overview:

While our purpose at Alpha 12 is not to make short-term predictions, when we do we are usually correct.

Last week we said our predictive leading indicator is calling for a slow grind upwards, which we got, one way or another.

Based on our analysis of this indicator, we think Bitcoin is poised to do nothing for next week with perhaps a downward bias. Upgrade for our detailed analysis on this super leading indicator.

Last week we mentioned “we have strong reasons to believe Bitcoin still has much room to run before any meaningful downward reversions happen”. Since then price has gone up 10%, and we are changing our take on this.

  • New data is suggesting that Bitcoin is trading at or above its fair value, meaning a correction is due.

  • Things could change very rapidly and we might very well be forced to issue an EMERGENCY update edition to inform you.

Stick around for the end, for we will reveal a way to 40x your Bitcoin returns with NO leverage and NO added risk. Look at the ratio chart below. Upgrade to reveal this symbol.

BTC/??? and BTC (in orange).

Market Twists & Turns Cont...S&P 500, Major Indexes, employing cycle, EW & technical analysis.

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