Market Analysis

A collection of 32 posts

Market Analysis Featured

Bitcoin Investment Thesis

Bitcoin has revolutionised the 21st-century investment landscape by introducing a decentralized digital currency, a ground-breaking asset in the modern era of investing. There are several reasons to consider the inclusion of Bitcoin in an investment portfolio: * Diversification: Bitcoin has a low correlation to other asset classes, such as stocks, bonds,

Market Analysis

Crypto Charts 82

Bitcoin We said that wave (iv) had completed last week , but the subsequent price action indicates that a larger zigzag correction is underway.  Look for a move up towards the 20500/21000 area where we would sell with stops remaining at 22800. We still expect a drop in the BTC

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Market Intelligence 24

* BTC experienced a volatile week and dropped to lows last seen in 2020. * UST stablecoin lost its dollar peg & LUNA crashed by 99%. * Luna Foundation Guard emptied 80k BTC reserves. * Tether temporarily lost its dollar peg as investors increasingly rotate into USDC. * BTC experienced historic levels of realized losses.

Market Analysis

Market Intelligence 23

* BTC's weekly range tightens further with price remaining largely unchanged week over week * Volatility & yields in derivatives markets have continued to decline * Institutions found value at current price levels and have accumulated heavily in recent weeks * Long-term BTC price model suggests that a bottom zone has been

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Market Intelligence 22

* BTC price declines in 7 days and continues to trade within YTD range * Low implied volatility and yields in derivatives markets * NVT price model signals potential price bottom and reversal * BTC-NASDAQ correlation remains very high Weekly Price Action Price: $38.7k Week Open: $41.4k Week High: $42.8k Week

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Market Intelligence 21

* BTC falls back within its 2022 range after failing to breakout above $45k * High US inflation numbers pushes the BTC-NASDAQ 30-day correlation to an all-time high * Sell pressure linked to profit-taking failed to be absorbed by the BTC market * Large investors accumulated BTC at this week's price lows

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Market Intelligence 20

* Continued positive sentiment in the Crypto & BTC market this week * BTC flips key resistance level of $45k to support * BTC has outperformed all major asset classes since US interest rate hike * The majority of BTC supply is held by high-conviction investors Weekly Price Action * BTC is trading at $45&

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Market Intelligence 19

* BTC gains 8.9% in a week in part due to a cautious FOMC * Higher likelihood of a continued price uptrend according to various indicators * Increased activity and implied volatility in futures and options markets respectively * Available BTC supply continues to decrease Weekly Price Action * BTC is currently trading at

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Market Intelligence 18

* BTC continues to trade within a tight range * Short-term holder supply reaches an all-time low * Coinbase exchange's BTC supply reaches a multi-year low * Illiquid Supply Shock is approaching Supply Shock levels * BTC's Implied Volatility is significantly lower than other macro asset classes since the beginning of

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Market Intelligence 17

* Price continues to range between $33k-$45k in 2022 * Institutions have heavily accumulated Bitcoin since November 2021 * Futures market volume has picked up in the last week * Liquid supply continues to decline increasing the likelihood of a supply shock Weekly Price Action * Started the week at the high at $43.

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Market Intelligence 16

* Bitcoin has gained 15% in the last week and has erased all losses incurred by the invasion of Ukraine * Investors continue to accumulate Bitcoin at low prices and hold for the long-term * Derivatives traders are uncertain of near-term price action * Macro cycle suggests Bitcoin is in the early accumulation phase

Market Analysis

Market Intelligence 15

* BTC prices have dropped by 22% in the last week due to the escalation of the Ukraine-Russia conflict * Investors continue to accumulate and hold Bitcoin despite the price drop * Losses were realised by short-term traders who have grown highly uncertain of near-term price aciton * The development of the conflict will

Market Analysis Featured

Market Intelligence 14

Weekly Price Action * BTC price has remained almost unchanged, opening at $44.2k and closing at $43.6k which consitutes a weekly decline of just over 1% * It has continued to trade within a tight range since breaking above $40k * This range is currently between $41.6k and $45.6k,

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Market Intelligence 13

* Fundamental Support found between $36k-41k level * Mayer Multiple Model suggests macro bottom is set * Upward momentum in price is increasing pushing traders in profitability Weekly Price Action * Since last week, price has increased by 12.5% from $38.k to $44.1k at the time of writing * Price jumped by

Market Analysis Featured

Market Update - 7th Feb 2022

Price Action * The Crypto Market saw two rallies at the beginning and end of the weekend * Bitcoin led these rallies due to a fresh inflow of USD * BTC jumped 11% on Friday to $41.7k * Proceeded to trade in a tight channel over the weekend * Jumped again by 2.5%

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Market Intelligence 12

* The Fed has confirmed a rate hike in March, which has the potential to provide the crypto market with enough regulatory certainty to rally * A potential macro bottom has been set as a high concentration of investors have bought around the $37k area * High leverage and a shift in bias

Market Analysis Featured

Market Update

Weekly Price Action * Prices opened the week at $43.1k and traded tightly within the $41k-$43k range * Prices reached a weekly high of $43.4k on January 20th * This high was followed by a 25% drop to $33.4k, a low last seen in August 2021 * Price swiftly recovered

Market Analysis

Market Intelligence 11

Bitcoin Weekly Price Action * Prices traded within a tight range for a third consecutive, with a weekly gain of 0.03% * Prices grinded slowly upwards, breaking 50k levels * Excessive leverage in futures markets caused a flush out from 51k to 49k in 24 hours Bitcoin Weekly ChartTechnical Analysis * Support is

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Market Intelligence 10

Bitcoin Weekly Price Action * Price of Bitcoin opened at $47.3k this week and closed at $48.8k for a weekly gain of approximately 3% * Price ranged within a tight channel of $45.6k and $49k * Second week of sideway price action for Bitcoin Bitcoin Weekly Price ActionSummary * Macro Outlook

Market Analysis

Market Intelligence 9

* Low confidence in Bitcoin prices as year end approaches * Perpetual Futures Funding Rates have declined as derivatives traders are more cautious * Average Social Sentiment is at a 30d low * Bitcoin Whales have reduced their positions by $1.86bn in the last week Bitcoin Weekly Price Action Bitcoin Weekly Price ActionTechnical

Market Analysis

Market Intelligence 8

* Weekend sell-off driven by liquidations in the futures market * Long-term holders continue holding as Short-term holders realized large losses * Whales bought the dip Bitcoin Weekly Price Action * Prices ranged around $57k until the weekend * Prices dropped to $42k or 28% in a few hours due to a leverage flush [https:

Market Analysis

$5.4bn worth of Bitcoin Derivatives Liquidated

* Bitcoin Price significantly dropped from $57k to $42k within an hour * Prices have stabilised between a range of $47k to $49k * Spot selling triggered long squeeze during late US / early Asia hours on the night of Friday to Saturday * On-Chain metrics confirm leverage flush amongst short-term traders Weekend Price Action

Market Analysis

Market Intelligence 7

Bitcoin Weekly Price Action * After increasing to $59k levels, prices suddenly dropped by 8% after news broke out of the new Omicron Covid variant * Prices stabilized and found support levels at $53.3k * Price surged by 6% after news was released suggesting the new variant wasn't as severe

Market Analysis

Swing Traders Are Driving the Bitcoin Market

* The majority of the Bitcoin supply is stored off-exchange * The investors controlling this supply are not selling * Price action is primairly influenced by swing traders controlling the liquid supply of Bitcoin Illiquidity Reigns Below is an overview of the different types of Bitcoin supply as well as their total amount:

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Market Intelligence 6

* On-Chain Macro structure is still bullish * Short-term correction extended to $55k level * Micro indicators point to downtrend reversal soon Bitcoin Weekly Price Action * Price suffered a major drawdown from $65k levels and found support at the $60k levels * Market expected a swift reversal however prices descended again, this time to