1 day agoEthereum & Litecoin Immediate Levels To Watch This WeekFollowing a seemingly never-ending litany of market carnage, most altcoins are in dire straits. Arguably, that’s the opportunity one should be waiting for — but what if majors trend lower? While unlikely, it’s not a bad idea to wait for favourable conditions before discussing tail-end altcoins at this stage. As…Bitcoin5 min read
3 days agoInterest Rate Hikes & Historical SPX Behaviour offer Counter Intuitive InsightsBitcoin is poised for a recovery amid emerging macro tailwinds which are beginning to show signs of a return to a ‘risk-on’ market. Let’s dig in. Dear readers, The purpose of this newsletter analysis is to provide context to current events and cryptocurrency markets. It is released every Monday and…Bitcoin4 min read
May 18Ethereum & Litecoin Show Robust Structural Bottom Signals.Following last week’s crypto carnage, altcoins have begun a recovery process that supports the idea of a market-wide bottoming process. Ethereum’s recovery has surpassed that of Bitcoin, while Litecoin’s recovery has so-far surpassed both majors. …Ethereum5 min read
May 16Buy The RIP: Macro Indicators Say Bitcoin Has BottomedBitcoin had better days. But every bear market bottom is a new beginning, and this is the correct approach to Bitcoin and cryptocurrency markets. Bitcoin/Dollar has gone through seven weeks of non-stop selling, rug-pulling and any positive tailwinds for the time being as sentiment dives to record lows. …Btc4 min read
May 11Market-Wide Sell off Continues as TerraUSD Implodes — Majors Remain ResilientAs the Luna Foundation Group deploy the last of their remaining capital to maintain the UST peg, it appears that systemic risks in crypto are on the verge of subsiding. Altcoins have suffered tremendously amidst the carnage, but Ethereum has so far held its own and even strengthened against Bitcoin. …Litecoin5 min read
May 9Bitcoin Approaches Monthly Support As Systemic Risk Event UnfoldsBitcoin fell through $36,000 on the back of TerraUSD offloading coins due to the foundation’s deteriorating financial situation. The coin dropped as low as $33,000 and has yet to experience a relief rally in what is now the longest weekly down-trend ever recorded. However, the systemic risk event has been…Bitcoin4 min read
May 4Litecoin Miners Lock in MWEB as Risk Assets Stand on the PrecipiceRisk assets recovered slightly over the week, but remain mostly flat in anticipation of today’s potentially trend-setting FOMC meeting. If rate hikes are within expectations, a medium to long-term recovery is well in the cards. Meanwhile, Litecoin miners locked in the much-anticipated MWEB upgrade, making Litecoin the most fungible crypto…Litecoin3 min read
May 2‘May the Fourth Be With You’- our Lord and Saviour SatoshiBitcoin exchanges hands at $38,800 at the time of writing as markets await a rate-hike queue from the US Federal Reserve on May 4th. Standing on a knife-edge and at a standstill at macro support, this week may be a do or die moment for Bitcoin (relatively speaking). Let’s dig…Bitcoin4 min read
Apr 27Is it Time to “Sell in May and Walk Away”?The bear trap scenario turned out to be a cerebral derivatives-driven stop hunt. Crypto markets are weighed down by macro tradfi happenings yet simultaneously have entered high value areas of interest. Generally, support zones are not areas one contemplates selling. Meanwhile, Fidelity revealed that it will begin to offer Bitcoin…Ethereum5 min read
Apr 25Bitcoin Market Structure Turns Bearish as Coin Enters High Value AreaBitcoin is in a bit of a bind, having broken market structure to the downside despite a regime of negative funding in futures markets. Meanwhile, a fresh report revealed that another 33.7 million people will be using crypto by the year’s end. Let’s dig in. Dear readers, The purpose of…Bitcoin4 min read
