Welcome to Part 1 of the 26th issue of Market Update.
For a second week I am offering a 7-day free trial of this newsletter. Available at the bottom of this intro section.
As July wraps up, Bitcoin continues to compress, suggesting an explosive setup for the second half of 2023 as our primary macro idea has been suggesting.
Next issue I will cover the July close and August setup.
Today I will cover the 3 topping signals I will be watching if the market accelerates over the next several months. I’ve put in the work to provide real-time access to all 3, either through custom indicators or live chart links.
First, I will expand on the liquidity cycle analysis from last issue, offer a live chart link, and evolve it into a proxy for Bitcoin’s entire price history. Let’s get to it.
Today’s topics:
Bitcoin Top Gauge
Short-Term BTC Update
Expanded Liquidity Cycle Analysis
Topping Signals
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