Last week, I teased some of the indicators we’ve been tracking that support our base case we’re in the early stages of a new cycle.
But I also warned that now was right around the time when we should expect to see some more volatility, with the potential for another correction.
However, it was Jason’s Alpha Feed post – “Crypto Price Action Apathy” – that really provided the evidence for why we should remain cautious in the short-term. For those who read it, the latest liquidation-driven selloff shouldn’t have come as a big surprise.
Once again, BTC reacted right on cue…
