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This week's Cycle Read is published.
Bitcoin closed at $77,734.33, up 23.68% on the week and 382 points short of the monthly level. The read covers three cycle positions in one section: Bitcoin, Ethereum and the broad altcoin market. All three sit in different places, and that gap is the story this week.
Inside:
- Cycle position for Bitcoin, Ethereum and Others, side by side
- Bitcoin Barometer, up 12.6 points on the week
- Ethereum Barometer into late-cycle, its largest and fastest move across these weekly reads
- Delta Engine on the breakout week
- My verdict on the level that decides the next leg
Members get the video tonight, as usual.
Members can send questions through the dashboard or the Telegram bot DM, and I answer them in the video.
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