I quit smoking with Trading
I’ve been reading texts and messages at an increasing rate that Bitcoin is currently forming the Top/ Peak/ All Time High of the current Cycle (Bull Market). Even though this noise is not alarming as historically an increase in sell positions always goes wrong…
Pitchfork, is a technical indicator for a quick and easy way for traders to identify possible levels of support and resistance of an asset’s price. It is presents and based on the idea that the market is geometric and cyclical in nature
According to a recent research note by JPMorgan, institutional investors have withdrawn about $20 billion from their gold investments since mid-October and during the same time frame, institutional inflows into Bitcoin (BTC) have increased by $7 bil ...
Just recently, the onchain data and research company Glassnode published a report that introduces variations of Bitcoin’s Spent Output Profit Ratio (SOPR) and Market Value to Realized Value (MVRV) Ratio. Glassnode analyst, Rafael Schultze-Kraft, ...
I found XAUBTC chart interesting. Here is why.XAUBTC has been bearish for a while. HOWEVER…
We can clearly see that the impulse movements are getting smaller and flatter. (as shown by the angles highlighted in blue)
JP Morgan is launching a structured investment product based on the performance of its “Cryptocurrency Exposure Basket,” which tracks stocks of publicly traded companies with exposure to cryptocurrencies. The weight of each stock is “determined b ...
Renowned investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, now regrets not buying bitcoin. However, he is still worried that governments can outlaw bitcoin if it becomes a viable currency. Jim Rogers’ Bitc ...
According to the findings of a joint Arcane Research and Bitstamp study, bitcoin’s unique characteristics, which include it being “the most portable asset”, are the likely contributing factors behind the increasing use of the crypto as a collater ...
The price of bitcoin and a number of digital assets saw significant gains on Monday, as the entire market capitalization of the crypto economy has gained 2.4% in the last 24 hours. Bitcoin’s value passed the psychological $50k zone after hitting ...
The start of the week saw digital currency markets drop significantly in value, as billions of dollars were shaved off the entire crypto economy’s capitalization. A weekly report from Luno and Arcane Research shows February 23 captured the third- ...