Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook With tensions between Russia and the rest of the world continuing to escalate heading into the weekend due to the ongoing war in Ukraine, the “safe haven” bid has remained fairly strong for bitcoin despite increasingly worrying technical headwinds. We think this bid is…

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Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook With the globe on the brink of war following Russia’s military invasion of Ukraine, it comes as no surprise that risk assets of all kinds have been under pressure to the downside this week, including BTC and the broader crypto complex, although we have…

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Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook On this Valentine’s Day Monday neither bulls nor bears appear to be in love with the markets as stocks are stuck in a mixed trade and crypto is generally flat, both of which are a sign of the growing indecision and uncertainty surrounding risk…

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Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook Following a good weekend of nice upside for the crypto markets, prices are making news highs today on positive technicals and news that KPMG Canada has added BTC and ETH to their corporate treasury. Also, clarity regarding Tesla’s bitcoin position was revealed today which…

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Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook On a fairly slow news day for both crypto and tradfi it’s nice to see BTC continue to drift higher thus pulling most of the space up with it despite a relatively flat trade in the US equities markets. This means that the technicals…

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Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook With stocks down on continued fears of Fed tightening it’s nice to see bitcoin stabilizing in the mid-$30k’s, likely due in part to Russian President Vladamir Putin saying that he is open to establishing bitcoin mining operations in the country, although there are still…

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Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook Considering it’s a very slow week in terms of newsflow and there are still very mixed technicals overall, it comes as no surprise that price continues to tread water in the low-$40k’s as expected with bouts of downside volatility that we have been calling…

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Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook While it’s nice to see BTC rally a bit while US equities sell-off going into the weekend, a much-needed break from a high correlation between these two markets recently, we’re still not getting too bullish (or bearish) over the coming days due to the…

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Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook With US equities cratering, bond yields rising, and the dollar index higher it comes as no surprise that BTC hit new regional lows below $40k earlier today. While this move was relatively short-lived and we’ve since seen a bounce back to $41k, continued fears…

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Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook The crypto markets remain under pressure to end this first workweek of 2022 due to deteriorating technicals, bearish price action, and persistent worries regarding Fed rate hikes, and for now it looks like this downward trend will continue over the shorter-term. While it’s difficult…

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