What’s happening on the charts: market overview
Market Analysis
What’s happening on the charts: market overview Read More »
The first five months of the year have been very good to asset prices, especially Bitcoin, which is currently up over 60% since the start of January. But what is the explanation for this seemingly incredible performance for the market despite the high levels of bearish sentiment from retail investors? The Brief Summary In January,
Q2 Report: The bear scenarios to look out for in Q3 Read More »
Rumors circulated on Wednesday that The US Government Sold 9.8 Thousand Bitcoin worth just over $270 million dollars, Leading to a sharp 5% drawdown in bitcoins price, and spooking investors, as expected. Fortunately, the market seems to have absorbed this massive sale pretty well, as you can see, investors instantly went on a buying spree
Debunking rumors around the US Governments Wednesday sale of Bitcoin Read More »
What happened leading up to now In 2020 and 2021 banks like Silicon Valley Bank saw a huge influx of deposits. This was due to the drastic increase in money printing done by the U.S. government while the FED was simultaneously dropping interest rates to essentially 0 and injecting massive amounts of liquidity into the
Q1 Report: Diving Into the banking crisis and our 2023 outlook Read More »
Market data DeFi: average daily volume was $3.6 billion for the month. DeFi represents 8% of the global crypto market volume. Stablecoins: average daily volume was $41.5 billion for the month. Stablecoins represent an immense 92.16% of the global crypto market volume. The Top 20: Polygon, Avalanche, and Cosmos have been the highest performing networks
Getting right down to it, what is the culprit of the recent flip back to the downside for stocks and crypto? Here’s what we found on the charts: Factor Numero Uno looks to be represented in the recent fakeout and breakout of the DXY, which is an opposition to the performance of risk assets as
What the charts are telling us about the current market Read More »
Stagflation is likely here, the CPI is staying above 8%, and real inflation is much higher. In a delayed effort to try and bring inflation down, the fed is tightening the economy into what very well could be a recession. What is stagflation and what constitutes an economic recession? Stagflation is an economic climate in
What’s happening in the economy and how it will affect crypto Read More »
The fear greed index is near all time lows, and Bitcoin is just hanging on near its 2021 bottom. There are multiple signs suggesting the market could be in for a bull run, however, due to the current state of the economy we may see any significant moves higher, delayed. The Bullish Case Since its
BTC update and analysis leading into June Read More »