May 15th 2021, Cryptoassets Update PLEASE NOTE: This update was written over the weekend on May 15th and 16th. Since then, cryptos went through a blood bath Tuesday night. Our models use closing price data so I did not [...]
Bitcoin - Caution, the crypto sector is getting a bit overheated in the short-term It's been a massive rally over the last 15 months in the crypto sector since bitcoin bottom at US$3,800 on March 13th, 2020. reaching price at [...]
April 16th 2021, Cryptoassets Update Market Summary Bitcoin hit a new all-time high of US$64,863.10 on March 13th, but the Bloomberg Galaxy Crypto Index (BGCI) had almost the same value as the prior month at 2195.6. Fast forward one [...]
March 15th 2021, Cryptoassets Update Market Summary The Bloomberg Galaxy Crypto Index hit a year low of 241.61 in early March 2020. Last month it was at 2194.38 after Bitcoin made a new high of $51,630.86. Now, fast forward [...]
Bitcoin - Consolidation brings new opportunities Review Source: Messari December 31st, 2020 After a massive rally from the beginning of October, Bitcoin almost reached prices around US$20,000 on December 1st. Despite a heavily overbought situation, the bulls only [...]
Bitcoin - The market wants to see the all-time high Review Only three months have passed since the last short-term correction in Bitcoin at the beginning of September. Back then it was the last pullback slightly below US$10,000. In terms of [...]
November 16th 2020, Cryptoassets Update Market Summary The Bloomberg Galaxy Crypto Index closed Monday, November 16th at 660.18 after being at 503.25 last month and following a low of 217.82 in early March. Bitcoin hit a new 12-month high [...]
Bitcoin - Strong Performance Review Since our last bitcoin analysis on September 17th, the price of Bitcoin had initially fallen back to USD 10,150. In retrospect, this has already been the lowest rate in the last four weeks. Since then, Bitcoin [...]
October 15th 2020, Cryptoassets Update Market Summary Yesterday, October 14th, the Bloomberg Galaxy Crypto Index was at 503.25 after finishing last month at 485.85 and following the low of 217.82 in early March. Two months ago we reached new [...]
Bitcoin - Take Advantage Of Any Dip Below 10K! Bitcoin and Ethereum had both advanced quite significantly since our last in depth Bitcoin analysis. Not only did Bitcoin breakout to the upside, it already went up to US$12,500 and is now experiencing a [...]
