Crypto Research
254 Results
After raising our outlook 50% from $25,000 to $40,000 on December 30th, Bitcoin quickly rose to reach our target late last week. Prices then started to consolidate and slide over the weekend before retracing ~25% down to ~$30,000 and now rebounding to ~$33,800. Bitcoin and crypto are volatile assets, but the speed at which prices moved to hit our target was quite fast and we think a pull back is...
For a full copy of this report in PDF format, click this link. KEY SLIDES FROM THIS REPORT… BAD NEWS IS NO NEWS WHILE GOOD NEWS TAKES BITCOIN HIGHER (SLIDE 2)... INTERVIEWS WITH KEY OPINION LEADERS OFFER INSIGHTS INTO WHAT IT MEANS FOR MARKETS (SLIDE 7)... KEY OPINION LEADER TAKES - LEGAL INSIGHTS: CARLTON FIELDS (SLIDE 8)... KEY OPINION LEADER TAKES - CAPITAL MARKET INSIGHTS: GENESIS (SLIDE 10)... KEY OPINION LEADER...
For a full copy of this report in PDF format please click HERE. MARKET ANALYSIS This week, Bitcoin gained some ground but largely still exhibited choppiness as it consolidated above $10,000. As of yesterday, Bitcoin has closed above the key level of $10,000 for 64 consecutive days, which is an all-time high. The previous all-time high was 62 consecutive days back in 2017-2018. At time of writing, Bitcoin is currently trading...
For a full copy of this report in PDF format please click HERE. MARKET ANALYSIS This week, Bitcoin briefly traded above $11,000 before losing ground and ending the week down 1.9% at $10,455. Bitcoin has been exhibiting greater short-term correlation with the broader markets, which could be the primary reason for Bitcoin’s weakness in recent weeks. At time of writing, Bitcoin is currently trading at ~$10,500. Notably, Bitcoin’s decline corresponds with...
For a full copy of this report in PDF format please click HERE MARKET ANALYSIS Following last week’s downside volatility, Bitcoin stabilized and regained some ground finishing the week ending 9/14 up 2.8% at $10,663. Bitcoin currently sits around ~$10,850 and seems poised to retest $11,000. Bitcoin is still down double digits this month (-10%) alongside oil and commodities. Historically, September has been Bitcoin’s worst performing month. Amongst all the...
For a full copy of this report in PDF format please click HERE MARKET ANALYSIS Following a quiet August for Bitcoin price action, the asset sold off from its highs around $12,000 to as low as $9,946 on Saturday, before climbing back above $10,000 support and ending the week around $10,400. For the 7 days ended 8/7, Bitcoin was down 11.2% and now sits around ~$10,250. Despite its meaningful sell-off, Bitcoin...
For a full copy of this report in PDF format please click HERE MARKET ANALYSIS Early in the week, Bitcoin dipped testing $11,000 as support before rebounding and ending the week only slightly down (-0.8%) from the week prior at $11,678. August is only the second month in Bitcoin’s history that it traded above $10,000 for the entire month. Bitcoin continues its 2020 outperformance compared to all major asset classes....
For a full copy of this report in PDF format please click HERE MARKET ANALYSIS After breaking above $12,000 resistance, Bitcoin quickly fell below that level and is consolidating in the mid-$11,000 range. Bitcoin ended the week down 4% at $11,771. CME’s 6-month Bitcoin futures contracts expire at the end of the month, which may lead to greater volatility this upcoming week. Despite the pullback this week, Bitcoin remains firmly...
For a full copy of this report in PDF format please click HERE MARKET ANALYSIS After bumping up against its $12,000 resistance level for the greater part of the week, Bitcoin broke above $12,000 on Monday August 17th and finished the 7D period up 3.8% at $12,316. Open interest on CME Bitcoin Futures hit an all-time high on Friday ($846M vs last week’s record of $840M) and Bitcoin’s hashrate hit an...
For a full copy of this report in PDF format please click here MARKET ANALYSIS For the second time in two weeks, Bitcoin climbed above $12,000. Overall, it finished the week ended 8/11 up 5.6% at $11,878. Notably, it traded above $11,000 for the entire week for this first time since August 2019. Source: FSInsight, Bloomberg Source: FSInsight, Bloomberg Bitcoin led all other major crypto assets by 3% - 9%...
MARKET ANALYSIS After last week’s spike, BTC continued its rise nearing $12,000 before a $1 billion liquidation event caused the price to crash $1,500 and then stabilize above $11,000. BTC finished the 7-day period ending August 3rd up 1.7%. As the dollar suffered this week (measured by the DXY), Bitcoin and gold continued their outperformance compared to all other asset classes. Ripple and Ethereum both surged this week up 37%...
MARKET ANALYSIS At the beginning of the week, BTC awoke from its slumber and ripped to a new 2020 high of $11,420 on Monday. BTC finished the 7-day period ending 7/27 at $10,990; up 20% week over week. Even though Gold has been enjoying a significant run and breached new all-time highs, Bitcoin is still solidly outperforming Gold and all other major asset classes YTD. The crypto majors all...