Market Update - May 31, 2023

$31k seems so far away...

Did you get excited when bitcoin’s price spiked up to $28,000 this weekend?

No, you didn’t. You know better! That price didn’t even break the downtrend bitcoin’s held for the past 7 weeks. This update looks at more than price, such as these topics:

  • Lay of the Land

  • Realized Cap HODL Waves tell the story

  • Look at the sellers

  • Bottom line

Read the TL;DW below and watch the update! The email gives you a summary, the video give you nuance, perspective, and commentary.

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