DN13 | First Bitcoin, Then Bittensor

In this issue, we first update our Macro and Bitcoin analysis, before taking a much-requested, more detailed look at Bittensor.

In this issue we look at some of our key macro analysis to get a sense of the direction that things are currently shifting, and how that fits into our broader macro framework.

We take a detailed look at Bitcoin’s technicals, which are starting to show favourable signs, despite the 200-week sma hovering ominously just below.

And finally, after many requests, I have put together a detailed look at the Bittensor network. We talk about the network’s design philosophy and economics, its unique and powerful subnet architecture, Alpha tokens and yield. All this, alongside a technical analysis breakdown, is wrapped up into a cohesive investment thesis.

Contents

• Macro Update

  • Business Cycle

  • Liquidity

  • Oil EWT

• Bitcoin Update

  • Classical Analysis

  • Primary EWT Count

  • Alternate EWT Count(s)

• Bittensor Analysis

  • Bitcoin vs Bittensor

  • Beyond The Base Layer

  • Alpha Tokens and Yield

  • Technical Analysis

  • TAO Tensor Law

  • Subnet Selections

  • Investment Thesis