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Sunday Rundown - April 4, 2021
Happy Easter to those who observe the holiday. Today’s rundown is very short because I’m on travel with family.
Last week, bitcoin broke out of a bullish trading pattern in the middle of a parabolic run, but it’s also running on fumes. Altcoins follow wherever bitcoin goes, so further altseason depends on what bitcoin does.
What happens next? Do we double top at $60k before a crash or get the moonshot blast-off everybody expects?
Premium subscribers, check out my most recent videos:
If you have a chance, listen to the podcast What Eth 2.0 Meant in 2014 and What It Means Today. Most of the cryptosphere uses Ethereum-based smart contracts that are complicated, expensive, and slow. A massive upgrade dubbed “ETH 2.0” can fix that, but it will take a while to transition. This podcast walks through some of the concepts and goals.
Relax and enjoy the ride!