Update: - never going to see $20k again - $25k will take a black swan to pierce, rising $500 per day. - $30k is formidable support. 30% is the maximum projected pull back once BTC tops at current structure (changing fast). (Modelled from price action vs capital…

Dear subscribers, Welcome to The Bitcoin Forecast #010. My last letter outlined a continuation of a bullish on-chain structure just below a 30k resistance band. Since then the price has rallied as high as 42k and is currently undergoing high volatility chop.

Dear subscribers, Welcome to The Bitcoin Forecast #011. My last letter outlined a choppy consolidation with a worst case price floor of $29k (daily closing price) inside a greater bullish environment. So far the price has pulled back and briefly hitting the…

While we are in the first great consolidation of the 2021 bull market, here's a bunch of charts to get the feel of where we are in this bull cycle. 👇

Looks like @michael_saylor is bringing https://t.co/tqMxWPvnGW to the corporate community. Impacts are being seen already. Coins once again being scooped off exchanges.

Dear subscribers, Welcome to The Bitcoin Forecast #012. In my last letter I outlined that BTC was trading in the lower band of its consolidation range with a 29k floor. Also, I confirmed price was not blowing off into a bearish phase; instead bullishness…

Dear subscribers, Welcome to The Bitcoin Forecast #013. In my last letter, I outlined BTC had outstripped fundamentals but despite this I expected price to consolidate for a week before breaking out. Since then BTC moved sideways bullish for 6 days before…

Chart: The increase in Bitcoin users visible on its blockchain per day. Retail investors arrived in Jan. Like prior cycles, I expect this peak to top out higher than the ones before it. Gives you an idea how this bull market is just warming up. Data: @glassnode

Who has been selling? Apart from margin longs liquidating, my guess from the data, it's hedge funds rebalancing for end of Q1 reporting. Many have mandates to rebalance when an allocation gets too big; BTC has outperformed incredibly. (Sell your winners,…

Bitcoin is once again near all time highs. There's solid amount of on-chain support below here. Chart: showing just how many coins were bought by at each price by current investors. A nice confirmation of the validity of these price levels.

Dear subscribers, Welcome to The Bitcoin Forecast #014. In my last letter, the price was forecasted to consolidate sideways before a bullish breakout to explore new all-time-highs over 1-2 week period. Now two weeks and one day later this has correctly played…

Anyone selling right now is cray cray. Seriously strong long term holders are buying this dip.

Dear subscribers, Welcome to The Bitcoin Forecast #015. My last letter called for a bullish breakout to explore new all-time-highs under strong buying momentum. Unfortunately this did not play out. Barely 48hrs after my forecast, in an unpredictable event…

Dear subscribers, Welcome to The Bitcoin Forecast #016. My last letter came at a time when the market was in a bearish stance while capital flows into the network were accelerating. The giveaway title of “buying the dip” called for a bottom reversal and a…

#marketupdate, breaking it down, post mortem. We just saw the single largest 1-day drop in mining hash rate since Nov 2017. The hash rate on the network essentially halved, causing mayhem in BTC price as it crashed.

Dear subscribers, Welcome to The Bitcoin Forecast #017. Since my last letter, price reached an all-time-high above $64k with heightened speculation in long positions. Speculators then sold the price down as the Bitcoin network suffered a loss of hash rate

Dear subscribers, Welcome to The Bitcoin Forecast #018. My last analysis came at a time of peak fear while on-chain signals were calling that the bottom was most likely in. Since then price has recovered to $58k having had a steady two week climb with low…

Dear subscribers, Welcome to The Bitcoin Forecast #019. In my last analysis, the market was recovering from deleveraging in April on derivative markets. I expected a bullish continuation based on investor fundamentals recovering. Shortly thereafter, Elon…