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TechDev Newsletter - Market Update Issue #16
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TechDev Newsletter - Market Update Issue #16

Broad Market Update

Apr 18, 2023
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TechDev Newsletter - Market Update Issue #16
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Welcome to the 16th issue of Market Update.

Today's 2% dip seems to have caused a resurrection of bearish sentiment and top calls. This is quite expected and rather encouraging for this early stage of our macro impulse.

In this issue, we'll dive into the latest top two short-term BTC scenarios.

I will then provide an update on the broad market analysis stack of multiple signals and take a closer look at BTC dominance and ETHBTC.

Alt Targets

The next round of alt targets will be out next week. Top 4 so far are: PYR, ZIL, INJ, RNDR. Poll will stay open through next Sunday.

Vote Here

This week, I will present a new set of FIL targets using market cap extensions. This token has experienced significant supply inflation since the 2020-2021 impulse and is a prime example of why I've switched to market cap extensions to take this into account.

Below are all the previous targets. Next week I will present a list of other tokens that need revised targets.

  • MANA, VET, CRO, TRIAS

  • CRV, QNT, THETA, ENJ

  • FET, SHIB, AAVE, FIL

  • GRT, HBAR, DOGE, ALGO

  • LINK, AVAX, FTM, XRP

  • SOL, VRA, TEL, LTC

  • ETH, ADA, MATIC, DOT

Today’s topics:

  • Short-Term BTC Update

  • Broader Market Update

  • Closer Look at BTC.D and ETHBTC

  • Revisions to FIL Targets

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