Update on the Bitcoin Data Model, slowly returning to neutral again, which gives us the potential fuel for the next move up.
Price going sideways waiting for the market internals to cool down...

Update on the Bitcoin Data Model, slowly returning to neutral again, which gives us the potential fuel for the next move up.
Price going sideways waiting for the market internals to cool down...

Thanks for the update, my friend. It's good to see that the Bitcoin Data Model is returning to a more neutral position, as this could potentially provide the necessary fuel for another upward move. It's always important to consider market internals when analyzing cryptocurrency markets, as they can often provide valuable insights into the direction of price movements.
As for the current sideways movement in price, it's not uncommon to see markets take some time to cool down after a period of heightened volatility. This can be a great opportunity for traders to take a step back and re-evaluate their positions, identifying new opportunities for potential profit.
Overall, I remain optimistic about the future of Bitcoin and cryptocurrencies in general, and I believe that we are still only scratching the surface of what is possible with these amazing technologies. Exciting times lie ahead, and I can't wait to see what the future holds!