What Happened To Bitcoin When Elon Tweeted

Listen now (6 min) | To investors, Will Clemente breaks down the volatility from this week using on-chain metrics to separate the signal from the noise. You can follow Will on Twitter or sign up for his email by clicking here. Here is Will’s analysis: Hope you are all doing well and had a great week. At the time of writing, BTC sits at $50,312 after hitting a weekly high of $59,592 on Monday and low of $46,000 on Wednesday. Previous letters described a bullish setup, which still holds true based on fundamental investor activity. However, Wednesday’s events may have put a damper on how immediate the end of this consolidation may come. We have a lot to discuss so let’s get straight into it.

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