Posts by Mr. W

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…

Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook As the darkness of winter fades and Spring approaches there are many green shoots for the longer-term outlook for the crypto markets given the beginning of the bullish part of a new halving cycle, however the short to intermediate-term outlook is much muddier and…

Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook This Valentine’s Day the crypto markets are not as sweet as they were earlier in the year, however they are following the roadmap that we have been laying out over the past few weeks which means the technicals are still in control. A nice…

Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook As we turn the page into a new year so too are we turning the page into a new crypto market, likely devoid of the type of selling pressure that we got used to over the past few years and filled with consolidations and…

Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook The bitcoin and crypto markets remain under expected selling pressure coming into this low liquidity holiday week and conditions are likely to get even more dangerous heading into the weekend as volumes dry up and the technicals signal lower prices. The lack of newsflow…

Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook The resiliency of the crypto markets has been impressive over the course of this week despite generally bearish technicals, a still highly uncertain macro environment, and a still risky landscape for the space, which is a good sign over the short-term given where we…