Several renowned Dutch analysts with an influential following on social media are convinced that we’ll see a rebound of Bitcoin in the coming weeks as well as breakouts by various altcoins. A death cross analysis suggests that we could be heading in the other direction, with a possible bottom of $22k. A quick overview as […]
The images we saw coming out of Shanghai in the past few weeks were quite striking. A city of 25 million has been put under a lockdown for some six weeks already, with residents not being able to even leave their apartments. In fact, some 30 midsized cities in China are suffering the same fate, […]
Elon Musk has in the past day come out as voting Republican this year, and Tweets regarding his personae have gotten very negative as a result (which he expected). Business Insider even launched a story claiming that the Tesla CEO was accused of sexually harassing a flight attendant on a private jet back in 2016. https://www.youtube.com/watch?v=9-g0rPoMhYY Meanwhile his Bitcoin stash […]
TerraUSD and Luna’s demise cause a $40 billion crash and left many without savings. Do Kwon, the South Korean entrepreneur, apparently hyped the Luna and TerraUSD crypto coins to such a point that even the venture capitalist firms that were investing in the beginning decided to cash out before the coins both sank. Speaking to the […]
As US stock markets continue their slide, we take a closer look at technology stocks related to crypto. Today we discuss Coinbase. Last year in April, Bitcoin surged on the news of the Coinbase IPO. The biggest American crypto exchange was to be introduced to the stock market and digital coins would finally go mainstream. The New […]
Praise should be given when it is deserved, even if one is reluctant to give it, is the best known explanation of the proverb credit where credit is due (though I personally prefer render to Caesar the things that are Caesar’s). And so we must above all admit that CryptoWhale, the bearish crypto influencer who […]
There’s a first time for everything, even disaster you didn’t think were possible (as the famous James Franco meme is set to remind us). Multiple traders are feeling positive and upbeat again after seeing Bitcoin close another red candle for the week. That marks the first 7-week losing streak since Bitcoin’s inception in 2008 they say, and […]
Bitcoin, crypto and tech stocks have fallen double digit percentages from their all-time-high. Although you mostly only hear about a ‘crypto crash’ in the MSM, it is clear this is a tech crash as well. Peloton has lost 91% since it’s ATH, Zoom 83%, Paypal 74%, just like Netflix. https://twitter.com/michaelbatnick/status/1525593849439129603 To see what to do, […]
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Bitcoin closed off a week from hell with a price around $29k. Traders are now seeking where support levels are sustainable so that a new leg up can be tried in the near future. According to Sam Rule en Dylan Leclair, the new floor should be found around $24k. They stated: The key on-chain price […]
