Hello Everyone!
Bitcoin just dropped back to $71K and is retesting the bottom of the bear flag after falling over $10,000 from the highs.
In this week’s update, I break down the current technical picture, the psychological shift I’m seeing after Michael Saylor’s sale, and why last cycle’s altcoin flop raises concerns that Bitcoin could face similar challenges.
We’ll cover psychology, future cycle performance potential, prices for the cycle bottom, and cycle bottom data.
Enjoy!
