Bitcoin’s travails accelerate. BTC was continuing its slow grind southward, passing $9,600, but then a left cross came out of nowhere, landing securely on its chin, driving it to $8,100 in a flash. Dazed and on the canvass for the count, Bitcoin seems to have lost all sense of stability. As the capital is sucked…
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It is always preferable to have a positive attitude about all things in life, but when it comes to investing, unfortunately, you must be aware of your potential downside in all situations. At those times, it is necessary to put the old “negative” hat on and decide what might make your world an inhabitable place…
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Bitcoin and its latest travails kept a bleary-eyed crew of analysts and traders awake through the night, as a sudden blast of cold wintry air from unknown parts knocked the token for a loop. As some astute observers remarked, the market share leader in Crypto-Land fell off a cliff, shedding $550 in minutes. The shockwave…
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Analysts tend to get complacent when their favorite asset goes into ranging mode for an extended period of time. BTC has been range bound for more than thirteen weeks, hovering about $10,300, as if “low volatility” was its middle and last name. We have seen a dearth of recent outlandish predictions of how high the…
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The world tends to listen to economists, when they speak, especially when the Nobel award committee has recognized them for having achieved something grand in the discipline. We also like to joke about them, as well, i.e., if you laid all economists end to end, they still would not reach a conclusion. If you were…
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Bitcoin’s first decade has witnessed a seminal sea change in the way investors now evaluate a “currency” in digital terms, and with these changing times, an historical fact pattern has emerged like none other before it. Our lexicon is now filled with crypto phrases and abbreviations to beat the band. Pretty soon, especially for the…
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How quickly attitudes can change in the Crypto-verse? There was general euphoria and cause for celebration last week, when Bitcoin broke out of its doldrums and appeared bent on blasting through $11,000. The party, however, ended as quickly as it began, as momentum waned and the world’s favorite digital asset began “losing altitude”. This phrase…
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After more than one decade, Bitcoin continues to be the market leader according to its share of overall crypto market capitalization. Yes, dominance dropped drastically during 2017, when altcoin development projects flooded the market, but Bitcoin had clawed its way back to a 50% share by the close of 2018. It remained so until this…
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One unique characteristic of nearly all things crypto is that they are digitized in a way that yields instant online real-time data, and where there is data, there is always the potential to delve deep to find helpful “nuggets” of information. If you are smart enough and clever enough, a trader in cryptos can also…
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Recovery, then steady as she goes, or so goes another average week of Bitcoin range bound trading. The good news is that BTC did rebound from a $9,300 dip that weighed heavy on Bitcoin enthusiasts, who had begun to give up hope of even the possibility of another major rally toward an All-Time-High (ATH). Such…
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