In yesterday’s newsletter, we noted that we’re looking to see where bitcoin’s next low will be.

There were three paths:

1. Most Bullish: Holds above the trending dots on the Sharp Shooter indicator

2. Bullish: Put in a higher low in the $59-$61K range

3. Bearish: Put in a lower low in the $50K to $52K range

Since it’s buy-the-dip season, we lean toward the bullish paths. But we’re also not out of the woods yet, until bitcoin starts making new all-time highs.

In the livestream today, Jesse covered a number of alts that are potentially making higher lows.

If you missed it, you can always replay here:

The caution, of course, is that alts tend to move together, and so if bitcoin tumbles these will likely tumble too. Nonetheless, these charts show the type of higher lows we’re looking for on bitcoin.

1. $NEAR

Jesse tweeted about the higher low that $NEAR put in, along with a potential target of ~$10, if the head-and-shoulders played out.

2. $DOT

$DOT has had a monster retrace from its high and it’s back to the price it was 6 months ago.

3. $ALGO

$ALGO has a big wick to follow to the upside on the Coinbase chart too.

4. $ATOM

$ATOM is fighting that downward trendline now.

5. $FET

$FET has been strong this bull cycle and so it’s not surprising that it’s also made a higher low.

Want more of this? Less? Too detailed? Not detailed enough? Let us know!

We read all the feedback and take it seriously. Some love from yesterday’s newsletter, “Bitcoin closes the Week BULLISH”:

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Disclaimer

The contents of this newsletter are expressed in my opinion only, none of which is financial advice. Always do your own research as this information is intended for educational & entertainment purposes only.