Crypto Updates

Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook BTC prices are down hard today on a barrage of seemingly bad news stories that have caused some fairly intense selling, however the double spending FUD has already been debunked and the CSW whitepaper lawsuit is ridiculous on its face, therefore we think these…

Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook In contrast to what we saw happen in the bitcoin markets yesterday when bad news resulted in fairly encouraging price action, today we’ve seen weakness throughout most of the US trading session with price reaching down to new local lows despite some good news…

Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook It comes as no surprise that the bitcoin markets remain in consolidation mode as expected given the technical outlook that we discussed over the weekend, although it is fairly impressive that the bulls were able to keep their cool despite Janet Yellen, new US…

Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook The bitcoin markets are now in full-on consolidation mode as expected as we enter this sleepy, winter holiday weekend (US), so we’re not anticipating much in the way of fireworks over the next couple of days hence more sideways action at least until next…

Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook While it may seem as though the price action in the bitcoin markets over the past 24 hours has complicated the outlook given the volatility we’ve seen, we’ve actually gotten some clarity regarding the technicals and what may lie ahead over the next few…

Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook Resilient price action in the bitcoin markets over the past 24 hours off of the $30,261 lows from yesterday has certainly been encouraging, and puts a continuation higher in the near-term back on the table, however there are still too many technical warning signs…

Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook Unfortunately for the BTC bulls the long awaited correction is here, sparked by a failed rally near $42k over the weekend in conjunction with a bearish tweet from Scott Minerd (CIO of Guggenheim Partners, who have a $400,000 long-term price target on bitcoin) saying…

Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook With large institutions continuing to try to get exposure to bitcoin in any way possible, this time it’s Morgan Stanley upping its allocation to MicroStrategy, it comes as no surprise that price hit $42,000 yesterday and has since been consolidating in rather bullish fashion…

Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook It didn’t take long for the bitcoin markets to reach our $40k target, less than 24 hours in fact, as the supply and demand imbalance continues unabated which is manifesting as a supply-side liquidity crisis on exchanges. The continued exodus of coins from said…

Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook As election controversy boils over in the US today, bitcoin is getting a safe haven bid with prices rising to new all-time highs above $37,000 without much resistance, which comes as a bit of a surprise to us given how the technicals looked a…