Market Update - February 21, 2023

Either way, you win

Bitcoin’s price is kissing the fabled 200-week moving average, arguably the most important price level in its history. What will happen next? Big zoom or big crash?

(Altcoins will go whichever way bitcoin goes.)

Today’s update looks beyond that. As a continuation of the February 15, 2023 update, we’ll look at these topics:

• A brief summary of the situation

• Why you win either way

• Metrics, continued

• Altcoin Strategery, I mean, “strategy”

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: