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TechDev Newsletter - Market Update Issue #28 - Part 1
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TechDev Newsletter - Market Update Issue #28 - Part 1

Bitcoin Update

Aug 27, 2023
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TechDev Newsletter - Market Update Issue #28 - Part 1
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A 7-day free trial of this newsletter is still available at the bottom of this intro section.

Two issues ago I introduced 3 BTC topping indicators. 1 is available as a custom TradingView indicator, 2 as live chart links. Members and trials have access to all 3.

With a red 2W candle which erased the move up following the XRP SEC case resolution, the market has once again plunged into fear.

I will give it to you straight, as I always strive to. There are lower timeframe red flags which warrant caution. All-the-while, higher timeframe structure and liquidity cycle signal implications continue to point in favor of a larger move in its early stages.

I will start at the lower and move to the higher, focussing on what matters most to my market assessment in today’s part 1.

Today’s topics:

  • Bitcoin Top Gauge

  • Short-Term BTC Update

  • HTF Structure

  • Liquidity Cycle

  • Bringing Them Together

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