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Bakkt

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”

This month, the crypto market shows good performance, volatility, and trading opportunities. In general, it fulfills expectations and begins the long-awaited retracement. We’re keeping a close watch for two reasons: First, because this good setup for short-term trading, and second but more important, because the destination should provide an “investing point” for long-term bullish positions on Bitcoin.

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”

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”

October may end up being one the best months of 2020 for Bitcoin! Technical performance has been excellent, with all main indicators standing positive (hash rate, open interest, mining activity, transaction value, etc.). As a result of various factors, we have even had a major upside breakout over the 11-12K area, finally! Not only is …

Continue reading “Bitcoin Fundamentals Briefing, October 2020”

In September, the major factors driving cryptocurrencies in general, and Bitcoin in particular, were and continue to be the same as those moving other markets (e.g., stocks, bonds, FX).

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”