Per your X post, what are the odds of retesting light purple level 2.5 at around $95k? Arthur Hayes recently said that short term the debt limit increase and replenishment of TGA and RRP could be net bearish on liquidity and we could see $90-95k retested.
You're welcome Ahmad! Bitcoin dominance should drop soon, going into the cycle top, which I am expecting around September for Bitcoin and October for Altcoins. If we still get no budge, it'd be back to the drawing board... that'd be very confusing!
Per your X post, what are the odds of retesting light purple level 2.5 at around $95k? Arthur Hayes recently said that short term the debt limit increase and replenishment of TGA and RRP could be net bearish on liquidity and we could see $90-95k retested.
Not impossible, but I think evidence favors continuation. Global M2 shift has good flow going into September
Thank you Cryptocon! Do you think bitcoin will loose dominance first or that will happen after the first top is in.
You're welcome Ahmad! Bitcoin dominance should drop soon, going into the cycle top, which I am expecting around September for Bitcoin and October for Altcoins. If we still get no budge, it'd be back to the drawing board... that'd be very confusing!
Great work as usual! 🙏🏼
Thanks so much Peter!