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Weekly Engine #94
The market is giving bulls reasons for optimism again. Loud headlines, new reports, confident calls that Bitcoin's bottom is already in.
Weekly Engine does not react to noise. It looks at data only.
This issue covers the new Bitcoin Adjusted Realized Price Bands (Alive Coins) model, why the current bounce still does not confirm a reversal, and most importantly, the system's decision for this week: what exactly changed in the data and how the system interprets the market right now. 👇