Let’s talk about crypto for a bit, shall we?

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On Friday morning I was looking at an interesting bull setup across the Crypto instruments that I look at every day. You can see that here if you’re interested in my Crypto channel on YouYube.
On Bitcoin (BTCUSD) a small but bullish leaning falling wedge was starting to break up, and I was saying that I was expecting that to deliver a retest of the all time high in due course. That has delivered now.
BTCUSD 15min chart:

There have been many winners in 2024, both political and financial, but the crypto crowd is among the winning-est of them all. It seems that Bitcoin had a near-death experience in 2022, which of course ruined FTX and the lives of its executives, but BTC has climbed from $15,000 to nearly $100,000 with a fairly steady pace. I cannot imagine how tormented SBF must be knowing this sea-change.
