TechDev Newsletter - Market Update Issue #42

Parabolic Market Leg May Be Around the Corner

This issue will be packed. There’s lots to cover. It’s one you’ll want to read.

My primary thesis remains that we will see what the market will perceive as “2 tops”. One between May and September this year (highest probability July), the other between March and July 2025.

As part of this thesis, I believe we have likely seen the subwave 3 high for Bitcoin, and are now gearing up for subwave 5 into the first top. All indications are that, as per usual, alts are about to take off in Bitcoin’s subwave 5.

I will review the evidence on which I am basing this thesis from both Bitcoin and the altcoin market.

Then I will move my way down the alt target sheet and update MATIC, VRA, and TEL.

I’ll conclude with an update on the 4 topping signals.

But first, let’s start with a detailed update on short-term Bitcoin…

Today’s topics:

Bitcoin

• Short-term Update

• Evidence for “2-Top” Move

  • Impulse Strength

  • Mid vs. Macro TF Volatility

  • Liquidity Cycle

Altcoins

• More Evidence for “2-Top” Move

  • Altcoin + Bitcoin Alignment

  • Accumulation Structure

• Updated Targets

  • MATIC

  • VRA

  • TEL

Topping Signals

• Top Gauge

• Tether Dominance

• Bollinger Band Width

• Pi Cross