Crypto Updates
TCV Crypto Market Update – (January 9, 2021)
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…
Read MoreTCV Crypto Market Update – (January 7, 2021)
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…
Read MoreTCV Crypto Market Update – (January 6, 2021)
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…
Read MoreTCV Crypto Market Update – (January 4, 2021)
Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook While the bitcoin markets indeed continued to move to the upside over the weekend as expected, reaching a new all-time high of $34,800 on Saturday, they failed to reach the $36k target that we set in the previous update which is a bit of…
Read MoreTCV Crypto Market Update – (January 2, 2021)
Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook Happy New Year everyone!!! Despite this being an extended holiday weekend for the legacy financial markets, bitcoin is taking no time off as price has quickly moved up above the $30k level over the past few days, a bit quicker than expected, and has…
Read MoreTCV Crypto Market Update – (December 30, 2020)
Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook As we approach the beginning of the new year the good news for bitcoin keeps rolling in, this time regarding NFL football player Russell Okung taking half of his $13 million yearly salary in bitcoin which has helped to kept a bid under the…
Read MoreTCV Crypto Market Update – (December 28, 2020)
Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook It was quite a Christmas holiday for the BTC bulls considering that price continuously and consistently moved up to new all-time highs early in the weekend, reaching a local top of $28,377.94 in a short amount of time, although some selling materialized above $28k…
Read MoreTCV Crypto Market Update – (December 26, 2020)
Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook We hope everyone had a very Merry Christmas! We’re fairly certain that BTC holders did given that price has pushed up to new all-time highs well above $25,000 during a slow news period and what is typically a fairly weak few days for crypto…
Read MoreTCV Crypto Market Update – (December 23, 2020)
Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook As we approach the Christmas holiday the bitcoin markets continue to consolidate below $24,000 following a brief failed run at that level yesterday, which is not such a bad thing considering how far BTC has moved up over the past few months. While we…
Read MoreTCV Crypto Market Update – (December 21, 2020)
Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook Bitcoin continues to attract attention from some of the world’s wealthiest and most influential investors/entrepreneurs with Elon Musk being the latest to join the conversation surrounding crypto at this time. While it’s unlikely that Musk’s tweets regarding bitcoin were posted in full seriousness, just…
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