Crypto Updates

Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook While we’ve yet to see new ATH’s and volatility has made a bit of a comeback this weekend, the bitcoin markets remain surprisingly strong given the amount of historical resistance in this $18,000 region, as well as the overbought indicators on almost every timeframe.…

Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook Shortly after our update on Tuesday the bitcoin markets ripped up to new local and regional highs of $18,483 with relative ease, and indeed we saw a sharp selloff off of these highs that same day that took price down to the $17k area…

Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook BTC has continued its march higher over the past 24 hours, and in classic bitcoin fashion has overshot the $17k resistance area by quite a wide margin as buying has remained strong throughout the recent rally. As is typical in early bull markets, price…

Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook No big surprises in the bitcoin markets recently as daily closes above $15,968 last Thursday and Friday allowed the bulls to stay in control over the weekend which led to a bullish consolidation that is now shifting back into an uptrend as $16,494 was…

Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook While there was some minor downside volatility into the mid-$15,000’s yesterday, the market quickly bottomed and reversed back to the upside and has been strong ever since, pushing up above $16k earlier today which is certainly good news for the bulls moving forward. Although…

Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook BTC is trying to breakout above the old $15,968 regional high today following more good news over the past 24 hours of billionaire investor Stanley Drunkenmiller being long bitcoin and the Swiss government considering changing their constitution to include bitcoin as a national reserve…

Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook BTC has settled into a fairly tight consolidation above $15k over the past several hours despite mixed performance in the legacy markets, which is good news for the bulls from a shorter-term price action perspective. Seasonality also remains a tailwind over the coming weeks…

Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook Despite an increase in both upside and downside volatility in BTC over the past few days, there haven’t really been any surprises considering that price is following our forecast fairly closely with the $16,000 area acting as resistance thus sparking some selloffs back down…

Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook As is typical in a bull market, price is outperforming expectations and is turning parabolic over the near-term as we are now testing the $15k region for the first time in almost three years with little in the way of pullbacks until the very…

Crypto Market Commentary & Outlook Bitcoin (BTC) Technical Analysis & Outlook It comes as no surprise that the US election has turned into a bit of a mess as multiple states are too close to call and questions abound regarding the integrity of the vote counts, so there remains a great deal of uncertainty that…