Market Update - February 15, 2023
After I recorded this update, bitcoin’s price started zooming to that super-key 200-week moving average. Will get that short squeeze I’ve warned about? Or that crash everybody’s expecting?
I still see only two realistic scenarios. I’ll talk about those in this update, along with these topics:
The chart you need to etch into your brain
No crypto. Buy now?
Not many sellers but plenty of concerns
Artificial pump? Maybe, but that might be enough
My latest altcoin buy
Scroll down for a TL;DW summary or watch the video below. I strongly advise watching the full update for nuance, perspective, background, and the best results, but I realize you may not have much time to spare.
To speed up the video (shorten the playing time), tap the circled gear button at the bottom-right corner of the video: