The Bears Are Sweating

Altcoins are at the start of a 600 day trend shift higher

Gm friends, and welcome to another edition of Syko Therapy.

Every week the bears call the end of this rally and every week Bitcoin proves them wrong. What we have been seeing over the recent weeks is very healthy price action from Bitcoin, and at this time, it is not showing(to me at least) that it’s going to dramatically reverse. Since the bottom we have been covering and predicting these moves, and so far, it is all playing out exactly as I’d hoped. And I hope I’ve been able to get you guys into some good positions with our regular reinforcing of DCAnd through the bottom period.

We are getting strong weekly close after strong weekly close, and this week just passed we finally got a strong weekly close from Altcoins(OTHERS). This further confirms to me that this is not just a dead cat Bitcoin bounce, but more of a overall market awakening move that is at the very beginnings of its overall trend here.

What the majority are missing right now, which has been the same for a while, is that we are in a totally different macro position from any other 4 year cycle bear market(because this isn’t the same bear market), and the general macro is extremely positive, and only just truly getting going.

As usual, today, I am going to delve deep into the data and technicals and provide a detailed understanding of where we are. We’ll be covering Bitcoin, Ethereum, overall macro but also OTHERS. The forward looking picture here is extremely positive for at least 12 months, more likely, 18 months.

Let’s get into it!