In a thread on X (formerly Twitter), Raoul Pal, a renowned trading guru and the founder/CEO of Global Macro Investor and Real Vision, has illuminated the crypto community about the advent of what he terms as the “Macro/Crypto Summer.” This period, according to Pal, is not just a fleeting season but a significant phase in…
Read more
Renowned analyst Ted (@tedtalksmacro) has offered a detailed forecast for 2024 in the crypto market. His analysis on X (formerly Twitter) touches on several critical points, from macro events, the Bitcoin Halving to fresh liquidity in the market. This is going to be quite a long post, summing up 2023 and looking ahead to the…
Read more
In an environment of soaring interest rates and economic unpredictability, Bitcoin and the broader crypto market face increased headwinds. The shift in the financial landscape was recently underscored by the Benchmark 10-year US Treasury yield, which hit a 16-year high this Thursday. Longest Yield Curve Inversion Ever Historically, an inverted yield curve, where short-term yields…
Read more
Bitcoin (BTC), the world’s first and largest cryptocurrency by market capitalization, is on course to close out an uncharacteristically weak July lower by about 4% and stuck within familiar ranges in the low $29,000s…. Read More: Bitcoin On Course to End July in the Red – More Anguish For BTC This August? Read more »Sign…
Read more
Bitcoin bears are closing in on a rare win, as they have the advantage in this week’s $600 million BTC options expiry. This week’s Bitcoin (BTC) options expiry on Friday, July 21, could solidify the $30,000 resistance level and give the bears the upper hand for the first time since the 21% rally between June 14…
Read more
In a new interview, Charles Edwards of Capriole Investments shared his Bitcoin theses for 2023. Looking back at the past few months, the renowned expert said those have put the market in a position where Bitcoin offers “a great position for long-term investors.” As Edwards noted, almost every sentiment metric imaginable fell into the “biggest…
Read more
Gold is on the rise in 2023 and in the first week of the new year alone, the precious metal has jumped 2.36% against the U.S. dollar. Over the past 65 days, gold has soared 14.55% while silver has skyrocketed 22.31% against the greenback since Nov. 3, 2022. According to the head of metals strategy…
Read more
Exactly one month ago today, bitcoin was trading below $20,000 per unit as crypto markets continued to react to growing levels of inflation and central bank policy. However, a month later, the world’s leading crypto token has moved above $23,000, despite consumer prices rising to multi-decade highs. So with this in mind, where could bitcoin…
Read more
Can anything save Bitcoin from a stocks-driven meltdown? Not everyone is bearish this week. Bitcoin (BTC) starts the second week of April with a whimper as bulls struggle to retain support above $40,000. After a refreshingly low-volatility weekend, the latest weekly close saw market nerves return, and in classic style, BTC/USD fell in the final…
Read more
