Issue 46 – Bitcoin’s Big Test

July 26, 2021

There’s been a lot of noise on Twitter about whether or not the crypto bull market is over.

Some believe it’s over, others are convinced otherwise.

While there’s no way to know for sure, there is a Bitcoin level that will likely give us an answer, and it isn’t far away from the current price.

I’ll share that level and why the bull market hinges on it in today’s issue. I’ll also provide an update on my ETH long and analysis for VET and LINK.

Let’s start!

The Bull Market Hinges on This Level

Everyone is scrambling to determine whether today’s bounce is the second leg of the bull market or an early bear market relief rally.

But the chart says we have to wait a few more days for the answer.

I don’t usually put the weight of an entire bull market on one level. However, I’m willing to make an exception in Bitcoin’s case.

This is a members-only issue. Join today to get access to the full post, charts, and watch the video.

Members receive one new issue every weekday.

Join and pay monthly

Join and pay yearly (save 20%)

Already a paying member? Sign in

Justin Bennett

Follow me on Twitter:

About the Author

I'm Justin Bennett, a currency trader turned crypto enthusiast. My journey started with stocks in 2002. After limited success, I transitioned to currencies in 2007, which later became a full time trading gig. The journey continued, and in 2020, I committed to learning about cryptocurrencies. It was love at first sight. is the culmination of my love for cryptocurrencies, my passion for financial markets, and desire to learn and teach.

{"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}

Like what you see? 

Get daily or weekly market updates on Bitcoin, Ethereum, and many other cryptos!

Get daily updates on your favorite cryptocurrencies.