On- and Off-Chain Metrics Expect Crypto to Get Hotter

By Beth Canova

The crypto markets finally woke up in June. But the real heat didn’t come until this month.

In his latest Weiss Crypto Update, tech expert Jurica Dujmovic goes through July’s hottest highlights.

From Bitcoin resilience to actually helpful regulatory progress, these developments are why July Closed with Crypto Still Sizzling.

So, where can we expect this market to go next?

Juan Villaverde says there’s a little-known early indicator that can give us a sense of where Bitcoin (BTC, “A-”) will go in the next 24 weeks.

It’s no crystal ball. But it has historically been right on the money at predicting cycle peaks and valleys. And even better, it validates what Juan’s Crypto Timing Model has signaled, as well.

That’s why Juan believes we can Find the Market Top with Bitcoin’s Secret Early Indicator.

I won’t spoil his findings. But both this indicator and his timing model suggest a cycle top in Q4.

Of course, no one can be 100% certain when it comes to the notoriously volatile crypto markets.

That said, careful analysis can be worth its weight in gold — or Bitcoin!

Mark Gough’s early June Prediction Played Out with Precision, for example. All thanks to his detailed technical analysis and macroeconomic review.

With both June and July in the rearview mirror, Mark breaks down where this market could take us as we say goodbye to summer in August and move into September.

But that’s just the technicals. Off-chain, there are more seriously bullish catalysts at work that could push crypto even higher.

And many talking heads haven’t caught on to them yet.

Dawn Pennington took a peek around the world. And she saw How Bitcoin Quietly Benefits from China’s Economic Crisis.

It’s what crypto experts have said from the beginning: Bitcoin offers real value that can’t be controlled by a central government.

Dawn breaks down exactly why that’s appealing to China’s elite … and how it could continue to fuel BTC demand.

But even more subtle than Chinese demand for digital gold … is how crypto has infiltrated our online lives.

According to DeFi expert Marija Matic, You May Be Using Web3 … And Don’t Even Know It!

The invisible crypto era is here. Where TradFi companies adopt crypto tech into their platforms.

And with well-designed user interfaces to smooth any bumps, most people don’t even realize they’re on the blockchain.

This integration is big news for crypto. But it’s specifically bullish for the chains chosen to lead this wave of adoption.

In her latest update, Marija reveals the chains most likely to receive the lion’s share of the attention … and profits.

But that’s all for this week. Be sure to keep an eye on your inbox tomorrow afternoon for our next Weiss Crypto Daily update.

Best,

Beth Canova
Crypto Managing Editor