Another positive week — add it to the growing tally!
This is the first time Bitcoin’s been up for four consecutive weeks since August 2021. Similarly, Bitcoin’s 14-day RSI eclipsed its highest level going back more than two years.
We have a name for this price action…
We see them all the time in the beginning stages of new trends.
There’s no denying that this move has been impressive. In fact, we’d even argue that it represents a structural shift in this market.
But where do we go from here?
Let’s dive into this week’s letter.