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- Market Update - April 18, 2024
Happy almost-halving, everybody!
Fun fact—the US Federal Reserve tracks the price of Bitcoin! See for yourself:
Seems like an odd choice for an asset that has no intrinsic value and will go to zero. Did Jay Powell buy the dip?
Anyway, let's talk about the market. Topics of today’s update:
Video
Preface
Broken parabola
Potential shorting opportunity (what to look for)
ETFs, on-chain analysis, and data
Key prices
A warning about a chart you may have seen
I strongly advise you to read the summary below and watch the video update! You miss too much when you get only one of them!
I’m looking to finalize my next list of sponsors!
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