Bitcoin finally popped on consumer demand after we discussed a potential surge last week in this article. This seems like a crypto-led rally since tech stocks are not causing a spike in the market overall. COT doesn't even suggest a big money shift into the crypto industry, so this move must be a retail rally. […]
Mixed jobs data in the US has caused major uncertainty in the stock market which could be beneficial to BTC (Bitcoin) overall. BTC/USD is up nearly 8% on the day at the time of writing this, while the SPX500 is down a little over 1%. Mixed Market Data Although NFP showed us an additional 467K […]
Bitcoin has been vastly oversold due to the fact of regulation concerns from the US government wanting to make a more controlled market just like stocks. For over 2 months, the crypto has fallen nearly 42% from the highs in November, but it looks like it has found a bottom in the $39Ks. Why Bitcoin […]
Big changes are expected to happen in the crypto world. Starting with legislation, cryptocurrency will put their foot in the door to try to regulate transactions and trading in the same way they do in the stock market. Read about our other crypto investment ideas here in the A1 Trading analysis tab on our website. […]
12/21/2021 The past month or so has dampened a lot of the bullish sentiment that surrounded the market in the months before. This year has brought not only a new light to crypto, but also the businesses around it. Here are some big things happening in the crypto world that may be the golden ticket […]
12/14/2021 The month of November was very poor for bitcoin and the other altcoins as bitcoin's market cap fell by over 30%. Now that we are in the middle of December, indicators suggest that it could be time for yet another crypto rally cycle. Our outlook It appears that every month switches sentiment in this […]
11/9/2021 Two weeks ago, COT data showed a flattening in long contracts bought by institutions which then spiked last Friday when big money bought the most amount of long contracts in over a year. Meanwhile, short position contracts declines slightly last Friday. Our outlook What I feared last week was big money moving out of […]
11/5/2021 Despite Bitcoin and the altcoin's market surge, institutional behavior has been building up heavy short positions in the market. The past couple weeks, we have seen very little buy activity from big money while the short contracts are piling up. Bitcoin is down 0.73% on the day at the time of writing this. The […]
A string of articles have come out recently that will make you consider crypto and the potential around the emerging industry. Here are a few article headlines that I will summarize and explain why this is really important to the market as a whole. Tesla May Restart Crypto Transactions Again Several months ago, Tesla decided […]
10/22/2021 Although bitcoin is pulling back from its all-time highs above $66K, there is sill an argument for the coin's potential that could help the bulls in the not-so-long-term. BTCUSD is down 1.89% on the day today after a 50% rise in price for the month of October. Our outlook The argument for bitcoin is […]
