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Daily Bitcoin Analysis

Daily BTC Analysis

March 3, 2021

It appears we are one step closer to the first Bitcoin ETF being approved and listed in the US, and it look's like it will happen on LaSalle Street, Chicago. The CBOE (Chicago Board Options Exchange) has made the application to the new SEC chairman, and ex-blockchain professor, Gary Gensler, in what appears to be a well timed, slam dunk.

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Daily BTC Analysis

March 3, 2021

Another push higher today has left us wondering if the fear of a market meltdown really happened last week. The noise is hard to overcome at times, and being able to keep a clear head an execute a trading plan is never easy when Twitter is awash with laser red eyes, wiping away tears.

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Daily BTC Analysis

March 2, 2021

The bears did their best to push the market lower this weekend, just to see all the hard work undone on a Monday morning. With prices holding above $45,000, the bulls have returned and pushed the market back up to our first resistance level of $48,200.

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Daily BTC Analysis: The Weekender

February 28, 2021

Welcome to your Weekender, the weekly recap of all things Bitcoin. Each week, we review the news stories our readers deemed to be the most interesting. Unsurprisingly, the top-clicked link this week involved the proposition that Bitcoin might fall in price due a large movement of BTC!

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Daily BTC Analysis

February 26, 2021

Ever wondered just how bullish Michael Saylor really is on Bitcoin? “None of the trading matters. None of the volatility matters. People that are living in their little world, studying their Fibonacci retracements and preaching with incredible conviction about the upcoming expected 60% retracement or 80% retracement, they are overlooking this fundamental issue, which is if Bitcoin is a digital monetary network and if enough people with money and power decide to adopt it, it’s going to go up and increase by a factor of a 100 or 1,000. And there’s nothing you can do to stop it.”

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Daily BTC Analysis

February 25, 2021

Good news if you like Bitcoin−Grayscale has a sale on! (Maybe) For one day only, you can pick up some BTC at 68bps below spot. For now, this isn't really news, but they are the elephant in the room when it comes to Bitcoin holdings, and there is a serious amount of capital lent vs. Grayscale shares, so best keep an eye on this one and see how it develops.

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Daily BTC Analysis

February 24, 2021

A calm and sensible day has seen Bitcoin track sideways. However, we have not broken above the key resistance level of $50,600, so we are not out of the woods just yet.

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Daily BTC Analysis

February 23, 2021

If you missed it the first time, the great dip of February 2021 ran a repeat today, and if we go back to all-time highs and you didn't buy the dip: Don't moan, you had two chances!

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Daily BTC Analysis

February 22, 2021

This weekend saw Bitcoin push higher, lifted by the crossing of the $1T market cap level. In true Bitcoin style, that happiness was soon crushed and those sporting red laser eyes on their twitter profile pictures are currently looking for a nice picture of them and their dog from the summer of 2019.

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Daily BTC Analysis: The Weekender

February 21, 2021

Welcome to the 1 trillion dollar Weekender! We are celebrating the landmark by reviewing the top news stories from the digital asset world, as chosen by our readers. This week's top story was the news that Coinbase, who are readying themselves to follow in Diginex’s footsteps with a public listing, has reportedly achieved a $77B valuation from the Nasdaq private market.

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Daily BTC Analysis

February 18, 2021

Question: 1. What's worth more? All the Bitcoin mined prior to the first halving that are yet to be spent, or the Coinbase exchange? A. It was a trick question because as of today, they're both valued at $77B. (If you were Satoshi and co, would you swap your Bitcoin for Coinbase shares?) You probably just answered the 'would you swap' question instantly - a gut reaction. My guess is you like Bitcoin too much to part with it.

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