Chill Out, And Profit!
Bitcoin Data Newsletter Premium
Hello Everyone!
It’s crazy to think that just a few weeks ago, Bitcoin was below All Time Highs at 67k. Now, prices have reached just shy of 100k! This was a price target once thought impossible, but we’ve now mostly achieved it.
Interest in crypto is on the rise again, and just as I suspected, so many people are asking what they should buy after the price explosion has already taken place.
It is fascinating to watch this psychology play out in real-time. I watched as Bitcoin/Altcoins visited lows and ground sideways for 8 months. It was the perfect time to buy Altcoins in particular and I was shouting this for months.
Interest in buying was extremely low and people were disinterested in crypto in general.
As prices soared to new highs it became… “What should I buy?” I can only sigh and shake my head at this, and unfortunately, I have to turn these people away.
The more you become aware of the typical thought patterns, the more successful you will be. I will be sure to talk more about psychology in this newsletter because people need it now more than ever.
Bitcoin continues to follow the path I laid out in early October in the newsletter “Up”
Here is what the chart looks like now:
The green path hasn’t been accurate because I’m an oracle with future-seeing powers, it was just the likely next step based on cycles that continue to prove their relevance.
Since 109k by December is only one step away, we’ll also talk about what I think comes next in this newsletter.
I have to keep from scrolling X these days because as I explained the opinions and thoughts are getting louder than ever before, distractions are here. There are hundreds of analysts that want to call the top and everyone has a different perspective on when that will be.
Their goal is flawed because no one will call the exact cycle top. The goal should always be to make the best decision possible using as much information as possible, and then sticking to it. What comes after that, doesn’t matter.
In the last newsletter, “The Beginning of The End”, I talked all about the data I’m watching for the First Cycle Top:
Bitcoin is well on its way to this first top point which we see every cycle, and I am watching it closely.
Let’s jump into today’s newsletter!
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