Bitcoin is approaching its last consolidation area when measured in gold ounces. In March 2024, 32 ounces equated to $68,000. It could certainly go lower, but Bitcoin is becoming increasingly cheap in gold terms. #marketstr #tfb #bitcoin #gold image
This model I’ve created combines factors like GDP, M2 Money Supply, and Fed Funds. The bands are set 20% off the model. Essentially, we’ve been ranging for almost 15 years. #marketstr #tfb #bitcoin image
The Market Liquidity score has risen, but Bitcoin’s price is lagging. Let’s see if it closes the gap tomorrow. image