Have I Missed It (2) – A New Regime – CHAINLETTER 26

Mar 16, 2024 | Chainletter |

Have I Missed It (1) was published on 15th November when one BTC was US$37,000, and the price behaviour was giving investors vertigo. Yet in four months the price has pretty much doubled. In so doing it has broken above the previous cycle highs.

In part (1) we suggested that all you had missed was “the amuse bouche at a banquet”. We believe that we now enter a new regime. This is the main course and you haven’t missed that. That said, for macro and technical reasons, we might have a choppy few weeks ahead of us, which should be considered an opportunity.

We continue to see more avenues for institutional adoption, this time in the UK, while Egypt shows how transformational this new technology can be for people trapped in economically dysfunctional countries. We look at the relationship between AI and crypto, and also increasing exploration of the bitcoin blockchain for usage other than money.

  • Technical analysis   All-time high, pull back likely but we enter a new regime
  • On-Chain   Activity roaring, US mining tax threat
  • Macro   Pyramids for Satoshi, gold breakout, Japan ending YCC
  • Cryptoverse   AI & Crypto, Bitcoin eco-system growth, ATOM, ETH upgrade
  • Education  Two more bootcamp dates, new institutional course

READ CHAINLETTER 26