From our latest report for subscribers: In the August 19 update, Bitcoin was still trading near $65K and the Bitcoin Momentum Index had only just crossed back above zero to +0.19. After months of bearish calls, we changed the posture from defensive to an early bullish transition. I still have my own doubts about the pump but data is data; and the power of a robust model is to save you from your own biases. The key point was that the timing signal had improved before price had broken out. That call has aged well. Bitcoin is now near $80K, roughly 23% above the level of the last newsletter. The move did not happen immediately: BMI briefly churned around the zero line, exactly the kind of noise we warned could occur in an early transition. But momentum did not fall back into the deeply negative summer regime. Instead, it accelerated sharply positive and price eventually broke out of the low-$60Ks base. This is what the model is designed to do. It is not trying to predict the exact day of a breakout. It is trying to identify when the underlying regime has repaired enough that the probability of sustained upside has materially improved.(Sina 🗝️⚡ BI Report)