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- Market Update - June 28, 2023
Market Update - June 28, 2023
A story in three acts
People say the bull market is now confirmed.
Bitcoin’s price went up long enough for people to think it will keep going up! Eight months ago, I said it’ll take months or years for everybody to think it’s a bull market. One step closer, I suppose.
Guess what?
We still don’t know if the bull market’s confirmed. Today’s update:
Permabull, not permabuy
Situational awareness (miners, metrics, funds, whales)
Bull market progression: one play, three acts
Be careful about altcoin metrics
I strongly advise you read the TL;DW below and watch the update! You miss a lot when you only read the summary.
To speed up the video (shorten the playing time), tap the circled gear button at the bottom-right corner of the video:

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