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Bitcoin’s “hedge” narrative is dead, as speculative price action continues

Key Takeaways Crypto has risen to start the year off the back of expectations that interest rates may be cut sooner than anticipated This contrasts with the view that crypto is uncorrelated, proving it false Assessing the price action of crypto through the pandemic and subsequent rate-raising cycle shows an extremely risky asset class that […] The post Bitcoin’s “hedge” narrative is dead, as speculative price action continues appeared first on CoinJournal. дальше »

2023-1-24 16:50


Bitcoin: Ephemeral rally or the start of new bull cycle? Large investors are confused

On-chain data revealed that BTC whales are unsure whether BTC's recent rally marked the commencement of a new bull cycle. Despite the recent price jump, institutional investors stay away from BThe post Bitcoin: Ephemeral rally or the start of new bull cycle? Large investors are confused appeared first on AMBCrypto. дальше »

2023-1-17 23:30


Peter L. Brandt Claims Bitcoin Is Putting In Its Cycle Low “Now”

Career commodities trader Peter L. Brandt is now claiming that Bitcoin is putting in a “low for this cycle now,” according to a new TradingView post. This call for a bear market bottom is already being met with skepticism, but given the chilling accuracy at which Brandt had made related to his cryptocurrency bets in the past, there could be more validity than investors are ready to accept. дальше »

2023-1-14 22:09


Bitcoin Might Be Going Through Its “Most Challenging” Cycle Based On This Metric

The current Bitcoin cycle might be its “most challenging” one yet if the drawdown in this on-chain metric is anything to go by. Total Amount Held By 1k-10k BTC Value Band Has Sharply Gone Down Recently As pointed out by an analyst in a CryptoQuant post, the latest drawdown in the holdings of the 1k-10k BTC value band is the most drastic in the history of the crypto. дальше »

2022-12-29 22:00