The Doom Days Are Getting Closer — Here’s What to Do

Hello, premium members.

Bitcoin is still trading below our key daily EMAs: the 20, 50, 100, and 200. At the same time, the market structure on both the daily and 4-hour charts continues to weaken, indicating that momentum is gradually shifting to the downside.

Historically, the period between August and November has been among the most challenging phases of a bear market. We’ve seen similar corrections in the 2014, 2018, and 2022 bear markets. And based on today’s charts, this bear market appears to be following a similar path. More on that later.

First, let’s walk through what’s happening right now, what the charts are telling us, and, most importantly, how you should position yourself in the weeks ahead.