Is the Bottom In?

Bitcoin Data Newsletter Premium

Hello Everyone!

Bitcoin has been in for a wild ride the past couple of weeks, with swings down to $56,600 and a recovery bounce to almost $65,000.

The last newsletter was about the data telling us we were reaching “Dangerous Levels”.

Like the Long-Term Holder Net Position Change:

“Moves below 500k have usually come during, or right before cycle tops.

Only one of these negative spikes represented a true top which was November 2013. Even this spike had one that preceded it in April.”

Long-Term holders were leaving in cycle top numbers, and some data points were firmly saying the top is in:

After all of this, it makes sense that we should see some retrace. After all, Bitcoin had risen twice as much in 6 months (Sep 2023 - March 2024) as the entire year of 2023.

Is this bounce one that can be sustained? That’s what we’ll be finding out in today’s newsletter, “Is the Bottom In?”.

Let’s dive in!

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This Newsletter Will Cover…

• Market Psychology

• Time Observations

• Data Analysis

• What Should You Do?