We’ve argued since March that bitcoin would likely spend several months in a trading range before a strong end to the year. The price needed to consolidate, and asset ownership needed to disperse. This is normal and healthy. Everything we see now – technical, political, on chain, regulation – supports the view that the risk remains to the upside. We might have a mild dip lower but broadly speaking this looks like the last window before another leg. Don’t forget that in previous cycles the big price action came after the halving, not before it.
This week the Cryptoverse section skims over some of our preferred holdings. Every cycle brings with it new thematics, and we are seeing fascinating developments, particularly where driven by the appetite for – and usage of – Artificial Intelligence.
- Technical analysis BTC rewards patience
- On-Chain Transactions remain lively
- Macro Politics driving economics
- Cryptoverse Cutting edge developments at NEAR, SOL, FET, LINK and Arweave