Posts by Mr. W

Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook What a wild summer it’s been! Despite a productive spring for the crypto markets earlier this year, heightened uncertainty surrounding Fed policy and the elections this fall has led to generally choppy and sideways action for BTC over the past several months. While this…

Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook It’s been a pretty wild ride for Bitcoin and crypto since the launch of the BTC ETF’s early last month with prices almost doubling since the last update before the recent volatility has slowed trend momentum for the time being. Today’s daily bout of…

Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook While 2024 started with a bang for crypto due to the launch of the Bitcoin ETFs, the hangover since then has put the markets in the doldrums precisely as expected coming into this year. This makes the short-term forecast fairly hazy over the next…

Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook With the 2023 holiday season quickly approaching, the crypto markets are celebrating with rallies across the board in anticipation of favorable seasonality (“Santa Claus” rally) as well as potential ETF approvals over the next two to three weeks. While we expect this strength to…

Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook While the dog days of summer ended over a month ago, the crypto markets have remained in the doldrums until just this week when rumors and speculation that the BlackRock Bitcoin ETF, and perhaps many others, will be approved in the coming months sparked…

Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook After a long boring summer of disappointing price action in spite of generally good news, we enter the fall months on a rather dour note considering that prices are down more than 10% since this time last month on still bearish higher timeframe technicals…

Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook As we enter the dog days of summer not only is the weather becoming increasingly unbearable, but so are the crypto markets as directionless volatility has taken hold in the low liquidity environment. This week we saw a deluge of good news including bullish…

Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook The summer doldrums have fully taken hold of the crypto markets over the past several weeks as the technicals have deteriorated and the regulatory environment has gotten much worse following the SEC lawsuits against Binance and Coinbase. Even the good news yesterday that investment…

Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook Following a nothing-burger of a Fed meeting yesterday and the lack of catalyzing newsflow it comes as no surprise that the bitcoin markets continue to consolidate between $27k – $30k while the US Dollar Index (DXY) is still chopping around near its lows. We…

Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook On a sleepy early spring Monday bereft of tradfi or crypto news it comes as no surprise that the markets are still chopping around the $28k level that has been equilibrium for the past few weeks. While this could continue over the shorter-term, we…