TechDev Newsletter - Market Update Issue #90
The Final Leg: How to Play It
Bitcoin continues to grind through what I believe is the final corrective leg of wave (2) before the market enters what should be the most significant phase of this entire cycle. The structure I’ve been outlining across recent issues remains firmly intact, and the macro evidence continues to point in one direction: we are at the bottom, not the top. What’s changed is that the timing for this last leg down has finally come into focus.
Today’s issue is going to be a focused, tactical update. Rather than a broad macro deep dive, I want to zero in on the short-term structure, show you exactly why I believe this final push lower is imminent, and lay out two specific trade setups for those looking to capitalize on it. This is the first time I’ve included a dedicated short-term trade section in the newsletter, and I’d like your feedback on whether this is something you’d like to see more regularly. More on that at the end.
As I’ve often reiterated, the macro thesis has not wavered. The business cycle is at its trough, the liquidity cycle has yet to produce the kind of major peak that has always coincided with Bitcoin’s cycle tops, and the structural analog to the NASDAQ trunk continues to unfold. This correction is a deviation within the trend, not a reversal of it.
Today’s topics
Bitcoin
The Inverted View: One More Leg
Macro Roadmap: Negative Trunk Deviation and the Liquidity Cycle
Liquidity Lead-Lag Timing
Short-Term Trade Ideas
BITI: Short Bitcoin Setup
ETHD: Short Ethereum Setup
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