#forecast 040 : BTFD
Welcome to The Bitcoin Forecast #40.
This is a very short update to cover the fundamentals behind BTC’s price action as it pulls back. In my last letter only 4 days ago the expectation was for a sideways consolidation. Since then the price has dropped from $64.3k to a low of $55.4k before climbing to $58.2k at the time of writing. It se…