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bitcoin sentiment

In lieu of a preface Last month we got a strong bullish breakout in market sentiment. It was really the high wave of positive news in media as well as analysts’ view on market perspective. Market performance was not disappointing as well. This trend continues in June as well. Maybe we do not have as …

Continue reading “Bitcoin Fundamentals – Briefing June 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”

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”

This month is becoming a turning point for Bitcoin. Price shows three times growth to 9K level, and everybody asks the same question – this is it? This is a new long-term bull trend or not yet. As technically as fundamentally, we see some signs of reversal. Actually, we talk about it almost every day in our videos on the Bitcoin market. 

So, it is time to update our fundamental and sentiment background on cryptocurrencies market in general and on Bitcoin in particular. First, I want to be honest with you as with my family doctor – April is the most boring and chary month on fundamental events on Bitcoin. Thus our April update indeed will be brief.

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”

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”

Instead of an Intro This month Bitcoin has been quiet, too quiet – more than we have seen in a very long time. And this “silence” is causing concern in the market. Sometimes, this can lead to various forecasts and expectations. Meanwhile, the correlation between Bitcoin and the S&P 500 has increased significantly. According to …

Continue reading “Bitcoin Fundamental Briefing, July 2020”