JAN 20, 2022 • 8 Min Read
Welcome to Market Insights, a weekly newsletter focused on markets, macro, and whatever’s top of mind!
Given the relatively poor start to the new year, it’s no surprise a common question atop the minds of all digital asset investors is “wen bottom/reversal?” In last week’s “Markets Insights”, we discussed a few tools that we can use to help visualize and track the macro trend including GMMAs (guppy multiple moving averages) or Daily/3-Day Heikin-Ashi candles.
This week we decided to reframe the conversation a bit. With 2021 in our rearview, we now have the benefit of hindsight analysis, and one thing is pretty clear; BTC traded within a (admittedly large) range for the entirety of 2021, oscillating between ~$32K and $62K, with a few deviations on either side of those
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