TechDev Newsletter - Market Update Issue #18
Next Top in Q2 2024?
OK, welcome to the 18th issue of Market Update.
Lots of time into this one — I hope it pays off.
After a quick update on the short-term BTC scenarios, I’ll spend the majority of the issue covering the path to a Q2 2024 BTC parabolic top which looks to me to be emerging.
For a reference frame, I will surround this idea with the other two (“fast” and “slow”) macro paths I outlined in issue #15, and what type of HTF (high timeframe) price action will clue us in to one over the others.
Last issue I presented a comparison chart to reveal the supply inflation the previously-targeted alts had seen since their prior high. I mentioned I’d be revising targets for those that had seen more than 20% inflation.
Today I will revise targets for: GRT, HBAR, VRA, CRV
I have also begun a live Google Sheet to track all targets, for easier access. This will be completed and shared next week.
Short-Term BTC Update
Path to a Q2 2024 Top
Revised Targets: GRT, HBAR, VRA, CRV