Friday, April 19, 2024

Cryptocurrencies Digest Recent Gains

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Summary Bitcoin (BTC) and Ethereum (ETH) drifted lower after multi-week gains.Precious metals and cryptocurrencies continued to trade in lockstep. Market Trends This Week Bitcoin (BTC) and Ethereum...
Explanation of the Stock to Flow Model as Bitcoin Pulls Back

Explanation of the Stock to Flow Model as Bitcoin Pulls Back

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Bitcoin is having its worst week in over three months. Is it a bargain? Let's review a common valuation model for perspective -- the...
Bitcoin, Ethereum, Cryptocurrencies

Bitcoin, Ethereum Hit Milestone Levels

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Summary Bitcoin (BTC) and Ethereum (ETH) continue to maintain strong uptrends.Precious metals are in focus as BTC and gold (@gc) show correlation. Market Trends This Week Bitcoin...

Crypto Breakouts Gain Traction

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Summary Bitcoin (BTC) took out the $10,000 level for the first time in 6 weeks.Ethereum (ETH) and BTC prices surpassed long-term resistance. Market Trends This Week Last...
Stocks Keep Climbing as One-Time Bears Chase the Breakout

Ethereum, Precious Metals Soar

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Summary U.S Treasury (UST) okays crypto custody for U.S banks after drawn-out debate. Ethereum (ETH) prices exploded out of recent price consolidation.Precious metals rocketed higher,...
Ethereum and Bitcoin Cash Surge as Cryptocurrency Rally Widens

Bitcoin Lulls While Alt Coins Perk Up

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Summary Bitcoin (BTC) prices waivered this week as the hash rate hit new highs.Alt Coins showed relative strength in comparison to Bitcoin.Cryptocurrency markets reacted positively...

Choppy Price Action Is Still the Trend in Cryptocurrencies

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Summary Cryptocurrencies were flat on the week, as range-bound action persists.Bitcoin (BTC) held onto price support near the $9,000 level.Concerns remain about a second wave of...

Sleepy Action in Bitcoin Persists

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Summary Investors around the world continue to focus on the latest Covid-19 numbers.Global monetary policy sees little change.Bitcoin (BTC) picked up where it left off...

Bitcoin, Altcoins Stall at Key Levels

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Summary Cryptocurrencies continued to trade relatively quiet following the Federal Reserve meeting.Bitcoin briefly crossed the $10,000 level before stalling.Bitcoin (BTC) resistance lies at the psychologically important $10,000...

Bitcoin Bulls and Bears Face off at $10,000

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Summary Bitcoin (BTC) briefly ramped above the $10,000 level this week before getting slammed back down.Friction between the U.S and China and protests in the United States...
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