This week's Monday Market Update is live. Bitcoin closed back above the 200 week moving average, the sellers underneath look to be exhausting, and there's a macro catalyst on the calendar that could set the tone.

Here's a quick look at the highlights:

Holding the 200 week, and why Sam's long. Bitcoin closed above the 200 week moving average again, and Sam explains the risk reward that has him in a Bitcoin long, with a relief rally setting up.

The long term holders are the real story. Short term and ETF sellers are doing the heavy lifting of selling and starting to exhaust, while the long term cohort quietly accumulates, diamond handing into cold storage. That supply is locking away.

The Fed call could be the trigger. With the rate decision at the end of July, Sam walks through why a hold in this environment could turn the tape for Bitcoin, and the liquidity story underneath it.

Watch the quick breakdown below for these three highlights.

▶ Quick Breakdown:

How do you position yourself before the next crypto surge?

Book a FREE call with our expert team today and get ahead of the curve:

Reply

Avatar

or to participate

Keep Reading