Crypto Currently

Bitcoin has done a great job rallying into May. The summer tends to be a difficult time period so I expect some consolidation over the next few months. The base case is still a shallow bear market where most investors don't get the entry price they're hoping for.

Bitcoin is still trading in-line with Software stocks. Clear evidence that most people still don't understand what Bitcoin is or how it works. This misunderstanding is what creates opportunity.

Bitcoin range breakout continues. Going against momentum tends to be a bad strategy. As long as Bitcoin is closing above $76k, bias is that we head higher.

The DXY is on the verge of breaking down out of this 15 year channel. This would be huge for liquidity and risk assets like Bitcoin. Probably the most important chart to watch this year.

Looks like Bitcoin buyers showed up in the Cheap 🟢 region.

The GLI is still consolidating at the highs. A very different setup to 2014, 2018 and 2022. If this breakout happens, Bitcoin will likely surprise everyone this year.

Bitcoin's relief rally continues. Areas I'll be watching are the 100W MA at $88k and the 50W MA at $95k. If those get reclaimed the bull market is back on. That is a pretty big "if" though. Let's see. 🤝

Are software stocks following the Bitcoin 4-year cycle? Or could it be that there is something more important driving these assets? 🤔

The GLI looks ready for new highs. We know liquidity expansion is a strong tailwind for Bitcoin. We just need The GLI to follow through.

Bitcoin is still in the Cheap 🟢 region.

Clean range breakout for Bitcoin yesterday. Just needs to stay above 76k and flip it into support. Doesn't mean we are in the clear, but still great to see. 🤝

Bitcoin is close to breaking out here, but we need a weekly close above $76k for confirmation.

During the past 2 midterm years (Bitcoin bear markets) The FED was reducing its balance sheet. In 2026, the FED has been doing the opposite. Looks like a different liquidity environment to me. 🤔

Bitcoin working on a range breakout for the first time in a long time. 🤔

The S&P 500 making new highs is the exact backdrop we want to see for Bitcoin.

The GLI usually goes down in midterm years like 2026. It went down in 2014, 2018 and 2022. Bitcoin did the same. So far 2026 is shaping up to be unique, let's see if it keeps heading higher.

The geopolitical situation delayed the move, but the base case seems to be playing out nicely here. 😎

Bitcoin and Software stocks both bouncing together. Still pretty wild how correlated they have been.

Bitcoin continues to hold up nicely in the Cheap region. It never ceases to amaze me how much everyone loves buying Bitcoin when it is Expensive. And how much everyone hates buying it when it is Cheap. 🤔