Bitcoin is approaching its last consolidation area when measured in gold ounces. In March 2024, 32 ounces equated to $68,000. It could certainly go lower, but Bitcoin is becoming increasingly cheap in gold terms. #marketstr #tfb #bitcoin #gold

This model I’ve created combines factors like GDP, M2 Money Supply, and Fed Funds. The bands are set 20% off the model. Essentially, we’ve been ranging for almost 15 years. #marketstr #tfb #bitcoin

The Market Liquidity score has risen, but Bitcoin’s price is lagging. Let’s see if it closes the gap tomorrow.

New Situation Report available. Please note that you can download the high-res pdf of the canvas, where you can zoom in to little details and charts. Links are clickable. You will find the link in the article and here in the note. Appreciate all feedback!

Confusion

The markets are in a state of confusion, with high valuations in the S&P 500, uncertainty in crypto markets and persistent socioeconomic challenges...

📄.pdf #marketstr #tfb #sitrep #bitcoin