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Cryptocurrency Market ‘Vulnerable’ to Lower Lows, Says Fundstrat Strategist

Fundstrat Global Advisors strategist Robert Sluymer has warned that Bitcoin and the cryptocurrency market as a whole are displaying signs of vulnerability.   ‘Price Structure Remains Weak’ Robert Sluymer from Fundstrat Global Advisors has said in a note Wednesday, February 6th, that Bitcoin and most of the cryptocurrencies display signs of vulnerability, Bloomberg reports. дальше »

2019-2-7 21:00


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Bitcoin Price Analysis: Bitcoin Tests Boundary Support as Demand Weakens

Following last Friday’s drop, bitcoin has found itself coiled, once again, at the bottom of the range it established back in December. With the current market unable to close a new high, the market finds itself in a precarious position:Figure 1: BTC-USD, Daily Candles, Range Support TestThe blue support level shown above illustrates the boundary of the multi-week range bitcoin has been bound by. дальше »

2019-1-18 02:02


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Report: Bitcoin Fails to Capitalize on Pressing World Economic Issues – Odds Don’t Look So Favorable in the Future

Business Wire reported on Oct. 9 that Juniper Research, a UK-based research firm, released a report stating that Bitcoin’s price not only has plummeted since the beginning of the year but also has failed to take advantage of ongoing US–China trade wars, weak fiat currencies, and Brexit uncertainty. дальше »

2018-10-11 19:39


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The crypto markets have weak demand from miners hurting the GPU producers.

Observers say it is probably due to overestimated demand in the gaming sector and the underestimated impact of the declining demand in the market for mining equipment. Quoted sources from the industry claim the return of the chips is related to the decreasing demand from cryptocurrency miners. AMD Price Chart, Ycharts The crypto market ups дальше »

2018-6-23 05:26


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The weak link in Bitcoin is from Future Expiration says Thomas Lee of Fundstrat.

According to Fundstrat head of research Thomas Lee, the recent decline in Bitcoin (BTC) price is likely the result of the expiration of Bitcoin futures, Bloomberg reports June 14. In a report, Lee explained that the “gut wrenching” weakness in Bitcoin (BTC), which dropped upwards of 20 percent earlier this week, was the result of дальше »

2018-6-15 06:54