Preparing for the Cycle Mid-Top
Bitcoin Data Newsletter Premium
Hello Friends!
Welcome back to the Bitcoin Data Newsletter Premium.
Since the last newsletter, Bitcoin briefly broke to the upside of the range to make new highs at almost $32,000, but $31,000 has proved to be extremely though to break.
After flip flopping inside the range for almost a month between 30,000 - 31,000, Bitcoin has broken to the downside to see prices as of writing around 29,000.
Short-term price action aside, I have continued to see many encouraging long-term signs, pointing that the next step for Bitcoin may be either a powerful bull run or even parabola.
But one point remains… and that is that we have not seen the cycle mid-top yet.
It’s coming… in fact it is almost sure to be the next step.
Here are some questions that I’m going to strive to answer this newsletter:
When is the Mid-Top coming?
Should we still sell at the mid-top if we are expecting parabola/bull run?
What does long-term data say we should be expecting right now?
Top in 2024 or 2025? Which is it? (My thoughts in projections)
This to be answered and more. We now have access to Glassnode data, so I’m seeking to get new perspectives on the cycle Mid-Top so everyone can make the most informed decision possible.
Let’s get into this newest information dense edition!
This Newsletter Will Cover…
Market Psychology - Getting inside the minds of current Bitcoin thought.
Data Analysis - Exclusive perspectives on the mid-top timing and data structure
Projections - What does all of this look like in reality?
What Should You Do? - Buy now? Wait? Sell the mid-top?