Bitcoin Is Waiting For The Next CatalystETF flows have cooled, but Bitcoin still has plenty of room for another move.
Breakout. Consolidation. Breakout. Consolidation. That has been the rhythm of Bitcoin’s recovery so far. It has now been almost two weeks since the latest jump and Bitcoin is still hovering around the mid-$80Ks. The initial momentum has faded, but price hasn’t given much back either. So after a move like this, there are really two possibilities. The market may simply be catching its breath before another leg higher. Or the forces behind the recovery may already be running out of steam. So today we’re going to look at the state of the market to see what’s possible: what has happened to ETF demand, whether the recent rally has left the market stretched and how Bitcoin currently sits relative to the broader risk-on environment. Together, those should tell us whether this consolidation is something to worry about or whether the market still has room for another move. Let’s look at the data. If you follow Bitcoin seriously but market research is not your full-time job, Ecoinometrics is built for you. Each issue combines original charts, quantitative models and historical comparisons across macro conditions, ETF flows and market structure. You get the result of hours of research in a briefing you can absorb in five minutes. Paid subscribers also receive The Ecoinometrics Decision in every issue: a clear assessment of the market regime, how to approach exposure, how confident we are, and what would confirm or invalidate the view. Join more than 34,000 readers using data to navigate Bitcoin’s market cycle. Ready? Let’s dig into the data. Bitcoin Is Waiting For The Next CatalystThe Ecoinometrics DecisionContinue reading this post for free in the Substack app
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