Hello Everyone!
Although we haven’t seen any new ATHs, it is a breath of fresh air to see a recovery of any kind. Bitcoin has finally crawled out of the 76 - 88k price range that it was stuck in for almost two months, as it hovers around 94k.
No matter what happens from here, it has taken grit and determination to see it through. The latest low was probably the most challenging to hold through yet as influencers, newscasters, and the general population were braced for a recession and bear market.
In this week’s video newsletter, I’ll be talking about my expectations for the short-term as well as recapping some data I used to gauge the low around August 2024 which is still relevant today.
We’ll also be looking at my long-term price models for updated targets and charting the way forward.
Enjoy!