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TechDev Newsletter - Market Update Issue #32 - Part 1
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TechDev Newsletter - Market Update Issue #32 - Part 1

Bitcoin Update - 3 Paths from Here

Oct 30, 2023
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TechDev Newsletter - Market Update Issue #32 - Part 1
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Firstly, thanks to all for the kind words and well wishes after last weekend’s delay. Everything is going to be OK.

OK folks, I know it’s cliche, but time to pay attention.

Bitcoin had a significant move from 27K to 35K, breaking the 32K level with conviction. I’ve spent the last few weeks carefully reviewing the charts, and have confidently arrived at 3 high-timeframe pathways from here, each with their own timeline and target implications for Bitcoin’s next top.

Today I want to walk you through each, along with their supporting evidence and milestones to watch for.

Today’s topics:

  • Bitcoin Top Gauge

  • Short-Term BTC Update

  • Path 1: The Retest - The 2-year structural mirror continues

  • Path 2: The Vertical - Following the 2020 impulse

  • Path 3: The Black Swan - Something with global liquidity can’t be ignored

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