Market Update - June 5, 2024

When to worry

Author

Mark Helfman
June 05, 2024

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Why does half of my timeline say the market is slow, and the other half say it's about to explode?

Either way, now is a great time to do the things I suggested in three ways to prepare for the halving.

Three Ways to Prepare for Bitcoin’s Halving

Your easy crypto guide

cryptoiseasy.beehiiv.com/p/three-ways-prepare-bitcoins-halving

Yes, I realize the title makes it seem out of date. We got a little off-path with the ETF hype-cycle. The market got hotter than expected sooner than expected.

Now that's died down. Transaction fees are much cheaper. Most altcoins remain far below their March and April prices. We have a chance to make up for lost time.

Take advantage of this lull to prepare for the next upswing. You don't need to rush!

So, what can we expect from the market? Let’s see! Today’s update covers these topics:

  • Video

  • Metrics, stablecoins, and on-chain behaviors

  • Scenarios and when to worry

  • Altcoins

  • It's only boring for English speakers

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!

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