BITCOIN NEWS UPDATE

Bitcoin In A Range While retail investors have historically driven the BTC price higher, the Bitcoin cycle dynamic is increasingly shaped and determined by institutional investors and treasury companies. That may explain why explosive moves to the upside have been...

Bitcoin Mid-Cycle The 30-day trade range for Bitcoin is exceptionally narrow, at around 8%. It's a dull market that's quiet, but on balance, it's trending upward. BTC is trading almost 60% above the prior cycle's all-time high, and yet there is no clear sign that an...

Bitcoin Mid-Cycle A glance at on-chain data confirms that Bitcoin is not at euphoric highs or bear market lows. It’s mid-cycle. The metrics indicate that BTC is nowhere near the high levels evident historically before the bear market drawdowns. Sovereign Wealth Funds...

Bitcoin Tailwinds In comparison to the stock market, the momentum in the bitcoin price last week was muted. The S&P 500 is a short hop from all-time highs, yet Bitcoin ended the week flat. Can BTC get another leg up? BTC has stalled over the last couple of weeks....

On-Chain Data In our recent posts, we highlighted that the open interest in the derivatives market and the global M2 money supply are key indicators for determining the probability and direction of price movement in bitcoin. The following two indicators are based on...

Bear Market Resilience Bitcoin remained resilient during the recent bear market, leading some commentators to conclude it is finally decoupling from stock market trends. That said, in periods of dislocation, particularly liquidations of leverage, all correlations...

Global M2 Money Supply Is A Key Metric For Your Trading Toolbox In our 18 February post, we highlighted a useful metric to watch is the open interest in the derivatives market The power of that metric is enhanced when combined with the global M2 money supply. The...

Mixed News For Coinbase Last week's positive news that Coinbase would be listed on the S&P 500 was tarnished by the announcement that hackers had obtained Coinbase customer details. Coinbase's stock price was up 24% on Tuesday, following the S&P 500...

Where Next For Bitcoin? Last week, we saw a surge in bitcoin price predictions from industry heavyweights, each backed by their expertise and research. The most bullish was ARK Invest, which introduced a new model that discounted lost bitcoin. The model projects a...

Twenty One To Mirror Strategy Twenty One (XXI) is a new bitcoin-only company that will follow the Strategy (MSTR) playbook. Jack Mallers, currently CEO of Strike, will be the CEO of the new company, and Jack will be the CEO of both companies simultaneously. The...