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My Three Burners Theory of #bitcoin bull market price action.

Burner #1: Liquidity

Current setting: Medium

Burner #2: Economy

Current setting: Low (but starting to rise? ... watch ISM data)

Burner #3: Leverage

Current setting: Low

OPINION:

We won't see an exponential move (ie, a "blow-off top") until all three burners are on High.
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The Stacker Monster 5mo ago

seems odd that the burners are low-medium for bitcoin but alts are ripping. i would have expected alts to need all those burners even hotter to rip

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