Bloomberg Intelligence senior commodity analyst, Mike McGlone, believes a “warm spell” is coming in terms of bitcoin markets as the market strategist detailed...
As the volatility of Bitcoin markets compress to historical lows, we present both the bull and the bear case for Bitcoin. We cover the $1.5B overhang of a miner deleveraging, weak on-chain activity, persistent draining of exchanges, and unwavering HODLer conviction.
Due to significant turmoil in cryptocurrency markets, the price of Bitcoin (BTC) has been significantly declining. BTC is currently trading around $23,000, falling from...
Bitcoin accumulation trends have softened in the short term, despite extremely constructive long-term demand trends. The potential energy for a capitulation event is in place, but is yet to manifest as it has in previous market cycles.
Bitcoin bulls face a number of headwinds, ranging from dwindling demand on-chain, to over 4.7M BTC held at an unrealized loss. In this edition, we explore this potential sell-side energy carried by underwater investors.
For investors, “DYOR” stands for “Do Your Own Research.” There are plenty of places to research new crypto investments (including our own Bitcoin Market Journal), and one of those places is the popular social media site Reddit.