Mountains and Valleys

Good times, with Bitcoin making new highs every other day and alts, mostly meme coins, following. The last leg of the bull market is now in full swing, with indicators heating up, but not quite in the danger zone yet. Exciting and volatile market phase ahead.

The interest rate cuts did in fact bring back some bullish sentiment. Bitcoin hasn't broken out of its consolidation pattern yet, but the signs are slowly turning green and alt coins are very obviously eager to start moving.

Bitcoin is in a, what feels like, endless consolidation near its 2021 all time high. We still see no signs that this is anything but a typical mid cycle market situation.

At the same time, this isn't the happiest moment for MAV, as we keep getting punished on our belief in Ethereum and other alts. Let's see if the beginning monetary easing cycle and the last quarter of this year finally bring an improvement.

Scary week in crypto with a massive dump out of the blue on Monday. So far it looks like we're on a path to recovery.

Bitcoin is making another attempt above the 2021 all time high, this time with quite a bit of strength. Select alts also look eager to run. Let's patiently wait for the next leg of the bull market.