Ulrik Lykke

The market got what it craved: a 50 bps rate cut with no signs of economic weakness. The Fed’s dot-plot shows consensus on more rate cuts ahead. This is bullish for financial markets, and while it might raise concerns about inflation, Bitcoin stands to benefit. Bitcoin’s Technical Setup Bitcoin’s technicals suggest we’re nearing a breakout from a six-month consolidation. While a retracement is possible, the market looks ready to break higher. A convincing break with

In my latest letter, Sell in May and Go Away, I highlighted that we were heading for the low liquidity season of the year and that the crypto markets would need a pause before trending higher. At this moment in time, I think the sluggish summer may finally be coming to an end. Uncertainty regarding the U.S. elections is in front of us, and given the many events that unfolded this month, I think we can