Market Update - January 31, 2024

Same as every other time

Good news!

I’m about to publish a special report,Three Ways to Prepare for Bitcoin's Halving.” Look for it in your inbox on Friday (or Saturday for people outside the US).

What about from now until the halving?

Let’s take it one day at a time. Bitcoin’s price continues to follow a normal path, very typical of bull markets. Where bitcoin goes, altcoins follow.

Are you getting antsy? Feeling a little “Fear of Missing Out?”

Bitcoin’s back to price levels it hasn’t seen in two weeks. It’s up 1% since Sunday. Surely, the moon comes next, right?

Let's examine. Today’s update covers these topics:

  • Video

  • Bouncing back

  • What you want to see

  • Where are we in the cycle?

  • ETF flows and long-term HODLers

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!

To speed up the video (shorten the playing time), tap the gear button at the bottom of the video. I circled it in this screenshot.

A playback speed of 1.5 should do ok for most of you.

I’m looking to finalize my next list of sponsors!

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