Bitcoin prices are deceiving There is a phenomenon in market behavior. Most market participants buy at high price levels. Breakout trades are preferred. Why? The underlying psychological motivation is the need for certainty in an unpredictable environment. While otherwise, people [...]
Bitcoin, eighty percent rule based Our market participation process is over 80% rule based. These rules are defined to the smallest detail. This scrutiny is necessary so that the mind does not access intuitive decisions in principle wrong in a [...]
September 15th 2020, Cryptoassets Update Market Summary Today (as of September 15th), the Bloomberg Galaxy Crypto Index was at 485.85 after being at 572.6 last month. These levels follow a low of 217.82 in early March. Last month we reached [...]
July 15th 2020, Cryptoassets Update Market Summary Yesterday, July 15th, the Bloomberg Galaxy Crypto Index was at 378.28 after being at 381.55 last month following a low of 217.82 in early March. The market has been slowly regaining but it [...]
June 15th 2020, Cryptoassets Update Market Summary As of June 15th 2020, Cryptoassets Update, the Bloomberg Galaxy Crypto Index was at 381.55 after reaching a low in early March of 217.82. The market has been slowly regaining but it is [...]
Bitcoin - Crack-Up Boom Will Force The Breakout Bitcoin prices have recovered quickly from the corona crash and are now poised to breakout and above the resistance zone around US$10,000. Slowly but surely Bitcoin is moving into the mainstream with [...]
On March 14th, the Bloomberg Galaxy Crypto Index was at 241.61 after reaching a low of 217.82. And the total market cap of cryptos dropped by about $120 Billion. Today, after two months, we have some recovery to 359.29 as [...]
Bitcoin - Breakout In Progress After a great start into 2020 bitcoin crashed together with all other markets during the corona panic. Now bitcoin has full recovered from these dark moments in mid of march and has just yesterday crossed [...]
Market Summary On Feb 14th, the Bloomberg Galaxy Crypto Index was at 525.32. A month later we had close to a 50% drop in the price of BTC and the GBCI was down to 241.61 after reaching a low of [...]
Bitcoin - Seeing The Opportunity In Challenging Times Bitcoin had a great start into 2020. Peaking out after a strong rally at US$10,500, the king of crypto has been under pressure due to the healthy need for a pullback. However, thanks [...]
