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Long term I’m very bullish on Bitcoin, some cryptocurrencies and the emerging Web3 economy in general.
Earlier this week I warned about a potential head and shoulders top formation on the Bitcoin chart. We’re now seeing it play out live. If BTC doesn’t rally back above the former support zone of 110–112k really soon, things could turn really...
Bitcoin weekly chart shows a trendline break in the wake of a series of weekly bear RSI divergences.
Bitcoin has been giving the lie to the thesis that asset prices are “just correcting” and not about to break down. It’s tested the key 10k region 7 times since the October 10 mini-panic and crypto flash crash.
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