The sharp price rises over the last 5 weeks will have many a-gnashin’ and a-wailin’ about whether they’ve missed this move in the crypto market. Bitcoin has risen around 33.5% since the start of September, in a move remarkably uncorrelated with other asset classes. This week I examine the question from the usual technical, on-chain, cryptoverse and macro angles.
It’s a newsletter that will doubtless need repeating in the years ahead, hence the (1).
All you’ve missed, I suspect, is the amuse bouche at a banquet.
Technical Analysis Breakouts, cycle comparisons, the pause that refreshes
On-Chain Nothing out of the ordinary, transactions rise again
Cryptoverse The altcoin market is being choosy
Macro Bitcoin’s chances of success are a lot higher than zero
