Sive Morten Blog

CRYPTO * FOREX * GOLD

This month is becoming a turning point for Bitcoin. The price is showing 3X the growth to 9K level, and everybody is asking the same question, “Is this a new long-term bull trend or not yet?”

2020 has been a unique and interesting time for all markets, and especially for Bitcoin and cryptocurrencies. The reason is very simple: This is the first time that cryptos have been subjected to such extreme market conditions. The current crisis has put many myths and assertions to the test, the most important one being that digital currencies are safe-haven assets that share features with gold.

Mad Dash for Cash – March 2020 An analysis of the Bitcoin market is neither simple nor easy at the moment, mostly because the forces at play extend well beyond the crypto sphere. The dive that we are experiencing applies to all markets – equities, commodities, even gold. This is one of those times in history …

Continue reading “Bitcoin fundamentals briefing – March 2020”

The Bitcoin market was surprisingly quiet in the first two months of 2020. While other markets, especially gold, are feeling the effects of the coronavirus panic, cryptocurrencies are maintaining a tight trading range and a medium-term bullish sentiment. The general backdrop has not changed much since December, but there is no way of knowing what …

Continue reading “Bitcoin fundamentals briefing, February 2020”

With the first month of the new year almost over, it’s time to look at whether market sentiment has changed, and weigh in on the upcoming Bitcoin halving. In November’s overview, we identified two key factors that influence the market. The first was expansion, which we saw as the primary indicator of progress. In general, …

Continue reading “The Upcoming Bitcoin Halving – Analysis of January 2020”

The year flew by, and it was a challenging but interesting period for cryptocurrencies. We would say that the main theme of 2019 was trying to make sense of it all. When the initial euphoria started to fade, everyone came down to reality. BTC price collapsed, and investors and traders started wondering what comes next. …

Continue reading “Bitcoin fundamentals briefing, December 2019”

The month of crushing hope!  November 2019 stands out in the history of the Bitcoin market because it’s practically impossible to find anything positive to report. Worse still, the market is treading on thin ice, which is fortunately still holding and hoping for some upside action, even though the odds have diminished dramatically in the …

Continue reading “Bitcoin Nose Dive – November 2019”

Breaking the Mid-Autumn Slumber. October 2019 All summer, the Bitcoin market was primed for big shifts. The headlines were mostly promising, looking forward to Bitcoin options, a Bakkt futures launch, institutional investors entering with new money, and so on. There were also many reports about blockchain and cryptocurrency applications in spheres beyond trading, as well as optimistic …

Continue reading “Bitcoin Fundamentals Briefing, October 2019”

A Quiet Start – September 2019 September was one of the quietest months of the year, not only in terms of developments but also price volatility. BTC’s chart shows that every week had a smaller trading range than the previous one. Except for the Bakkt launch – a major and much-anticipated event – news reports …

Continue reading “Bitcoin fundamentals – September briefing 2019”

August 2019. Exhale! The market was quiet in August compared to the June-July period. Investors were waiting with bated breath for breakouts as big projects like Bakkt, Libra, and crypto Hedge funds were close to launching. It seemed as though the tiniest push would be enough to open a new era in crypto. But not …

Continue reading “Bitcoin fundamentals – August 2019”