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Keep Calm and Bitcoin On

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Yesterday saw a similar amount of long liquidations as early April, when price dropped from $83K to $74K, right before Bitcoin went on to make new all-time highs. Interesting...

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Bitcoin's Mayer Multiple returning down to a level last reached 1 month ago yet price is $9K higher. That is a called a healthy bull market correction. Higher.

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Patience is a Virtue with Bitcoin

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Current unrealized profit levels for Bitcoin holders remain relatively muted, which is inconsistent with what we’ve seen at the last two cycle tops. This suggests more upside ahead for $BTC.

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Key levels for Bitcoin converging around $95K, suggesting strong support at that level if we look at the prior 3 times these levels have merged. That said, a move down there would be extremely healthy and normal in a bull market imo. Plan remains the same. $125K BTC soon.

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