A new reading for the GMMI market index has been documented: -40.76%. This means it reached the peak that we had been expecting and talking about extensively in our previous posts: -40.80%. Since we are within the range of -40.80% to -39.80%, and because Bitcoin is still at 81$ , we have two things in front of us... Either a strong rise in Bitcoin and touching the 87$ area, meaning it could reach 86$ ; or the index pulls back to -44.80% and Bitcoin drops to 76$ , down to the close of this month, then the index rises again and enters the -40.80% range—but rising, along with Bitcoin and the other major coins... In general, until this moment, sideways movement is the dominant factor: the index and Bitcoin are the closest to what we expect by the end of the third quarter—at the end of the month. The shift happens starting from next month in Q4. Then we head afterward toward -53% for the index, and 67$ for Bitcoin, and also for the other coins—decline.
We’ll keep following 👀 And regarding strategy: dividing your funds into portions, as we discussed earlier in posts, is the most suitable way so nothing is wasted on you, considering that we will remain for a long time between 87$ and 67$ .