Today’s Nuggets
Jesse Meyers Called the 6-Month Lull
Why Bitcoin Equilibrium Needs to be Restored
Marty Wyckoff Accumulation Analysis
Polymarket Satoshi Candidate Leaders Revealed
AI Narrative is Still on Top
Tether Onboards the FBI
CIA Focusing on XI
Biggest Ease Since COVID-19
It is time for the Weekly Recap, covering everything you might have missed over the last seven days.
We will also dig into when Bitcoin will find the post-halving equilibrium, as we have chopped sideways for seven months.
Remember, sometimes the best things come to those who are patient.
Crypto Market Update:
The crypto market cap is just under 2.2 trillion;
Bitcoin price has been steady - around $62K;
Bitcoin dominance is at 56.9; and
The Fear and Greed is at 49.
Ethereum is down hard 10.38%;
Solana is down ~8%; and
AVAX and ICP are both dark red.
Bitcoin eeked out a tiny 0.1% gain.
The BTC ETFs continuously bled but the Bitcoin price remained the same. This is a very positive sign.
I see the big dumpage there by Fidelity on Tuesday of $144.7 million.
I am happy to report that Grayscale has not been dumping much at all, with $5.9 million on Tuesday and $13.9 million on Friday. BlackRock is nibbling away but had its third negative day on Wednesday, down $13.7 million.
BlackRock is doing a
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