Crypto Updates

Crypto Market Commentary & Outlook   Source: https://www.reddit.com/r/Bitcoin/comments/gchljz/were_back_in_the_game/   Once again, last month has been exciting for Bitcoin (BTC) with its price recently rising back over $9,000 (again) to a high of $9485 on April 30, and then falling back to a low of $8528 on May 4.  Since then, price has continued to bullishly…

Crypto Market Commentary & Outlook   Last month’s corona-panic created an amazingly rare opportunity for smart money to accumulate extremely cheap Bitcoin (BTC) and Monero (XMR).  Fundamentally, Bitcoin and Monero are now turning much more bullish since they are being used as money in the darknet markets for essential items as I explained in the…

Crypto Market Commentary & Outlook   Overblown corona-panic, trillions in central bank bailouts, and helicopter fiat currency inflation is a bullish scenario for Bitcoin (BTC) & Monero (XMR)   News is coming out that confirms a lot of what Jeff has been saying in his recent videos – that this “corona-panic” appears to have been…

Crypto Market Commentary & Outlook   Bitcoin (BTC) & Monero (XMR) continue their pullbacks in an environment of global macroeconomic uncertainty as Dow Jones futures drop over 1,000 points on Sunday night   Bitcoin (BTC) and Monero (XMR) have continued their pullbacks over the past few weeks, giving investors more time to accumulate cheap coins. …

Crypto Market Commentary & Outlook   Bitcoin (BTC) & Monero (XMR) pull back, providing another opportunity to buy the dip   Over the past few weeks we’ve seen continued volatility in Bitcoin (BTC) and Monero (XMR), with some bearish price action over the past few days.  BTC/USD reached a high of $10,501 on February 12th…

Crypto Market Commentary & Outlook   Bitcoin (BTC) & Monero (XMR) continue bullish patterns as predicted with healthy fundamentals   Bitcoin (BTC) & Monero (XMR) have both continued their bullish rallies and consolidations as predicted in my recent post, TCV Crypto Alert & Market Outlook – Monero (XMR) bullish (January 5, 2020).  I continue to…

Crypto Market Commentary & Outlook   The past few weeks have been bearishly choppy and quite frustrating for Bitcoin (BTC) bulls.  As mentioned in my TCV Crypto Alert & Market Outlook (November 22, 2019), the BTC/USD price has consolidated in the $6.5k-$7.9k range, and has recently broken back below the $7k area, as seen in…

Crypto Market Commentary & Outlook As noted in my October 25th TCV Crypto Alert & Market Outlook, Bitcoin (BTC) recently made a nice bullish breakout move above its multi-month descending channel in the low $9k area.  Shortly after publishing that report, the price continued rising all the way up to a new local high of…

Introductory Note   This “Extended” TCV Crypto Market Update will be a bit longer than usual because the market has allowed us the opportunity to catch our breath.  There aren’t very many bullish altcoin trading setups right now, so we are using this extra time to provide more coverage regarding what I believe are important…

The following market commentary has been compiled from TCV’s internal Telegram discussions. Important News: Bitcoin Network Hash Rate Mysteriously Flash Crashes by 40% https://cointelegraph.com/news/bitcoin-network-hash-rate-mysteriously-flash-crashes-by-40   Squire Mining Operations Undergo Temporary Power Outage https://www.globenewswire.com/news-release/2019/09/19/1918342/0/en/Squire-Mining-Operations-Undergo-Temporary-Power-Outage.html   “Sell the news” event on Bakkt – Bakkt’s Slow Start Doesn’t Mean Bitcoin Futures Have Flopped https://www.coindesk.com/bakkts-slow-start-doesnt-mean-bitcoin-futures-have-flopped   SEC delays Wilshire…