Key Things To Watch This Week

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Market Overview:

It’s been exactly 2 months since Bitcoin hit new all-time highs of $73k and everyone is so keen to get this rally started again.

Both good news and bad news.

The good news is that evidence is mounting for a resumption of the bull market soon.

Bad news is you have to wait a few more weeks for that to materialize.

Our current base case is further consolidation but with an upside bias.

This is a shift from our sentiment a few weeks ago where we expected a downward bias.

In today’s edition, we’re going to present a few of the metrics that we relied on to call the bottom in October 2023 and January 2024.

We will show you exactly where we are in the process and when we expect the bull market to resume.

We will also analyze Ethereum and whether it’s still a good investment after becoming inflationary.

So upgrade now if you don’t want to miss out on this.

How We Perfectly Predicted Bitcoin’s Path 3 Months Ago

Speaking of past predictions, this one is interesting. And a bit scary.

On February 19, 2024, we tweeted a probabilistic price path for Bitcoin, as you can see below. Note this was a prediction for path, not price.

And this is the result:

If you look at this carefully, Bitcoin followed almost exactly the path laid out in blue.

We’re not going to claim we have a crystal ball because it’s a rare coincidence that we managed to predict the path this accurately.

But that’s the result of data and analysis aggregation over multiple years. You happen to get perfect predictions.

Before we head on to the analysis, check out this crypto mining stock that could be a good addition to your portfolios.

Green Bitcoin Miner Disrupts Industry Forever

This $1 Crypto Stock stands to benefit most from substantial regulatory changes.

It’s using 100% renewable energy and is producing bitcoin CHEAPER* than industry whales.

The secret sauce?

You’ll have to see it to believe it.

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