Daily Signal - Crypto Edition
APR 12, 2026Scott Melker
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Bitcoin cycle lows projected for mid-2026
“And I think that will likely last into the summer of 2026”
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Bitcoin topped on apathy instead of euphoria
“Instead, you could argue that if the high is in for the cycle, then we topped on apathy rather than euphoria.”
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Altcoins failed to participate in this bull market
“almost everything else failed to participate in the actual bull market.”
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Current market structure mirrors the 2019 cycle
“So the top that we experienced here in October is more like a 2019 style top, in my opinion.”
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Liquidity is the primary driver of crypto markets
“And why liquidity, not narratives, is the real driver of what comes next.”