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Daily Crypto Analysis

Daily BTC Analysis

September 16, 2021

Back to back positive days for Bitcoin have seen another 2.5% gain today. $50,000 now comes into view, as the market shakes off the El Salvador flash crash with apparent ease.

Daily BTC Analysis

September 15, 2021

Bitcoin is up 3% on the day, having erased yesterday's fall. It must be tough being a bear in this market. Since the drop last week, Bitcoin has held firm at the $45k level and is showing signs that a $50k print isn’t far away.

Daily BTC Analysis

September 14, 2021

Today was fun. Not fun in a good way, but fun, nonetheless. Bitcoin is down 3% after some whipsaw price action caused by a fake Reuters media report claiming that Walmart would be rolling out Litecoin across its stores beginning October 1st.

Daily BTC Analysis

September 11, 2021

The sell-off in Bitcoin continues, as prices dropped 2% today. As flagged, the FUD tombola is back in action, as central bankers and governments use this week's weakness to amplify the noise from their soap boxes.

Daily BTC Analysis

September 10, 2021

Bitcoin has stabilized today, with a gain of 2% steadying the bulls' nerves. As we approach what has the potential to be another volatile weekend, we can see the tell-tale signs of trouble brewing.

Daily BTC Analysis

September 9, 2021

Bitcoin has fallen 1.4% today, which considering yesterday's move, is a welcome sign that this retracement may be short-lived. The bears failed to test support at $44,000 and the market has moved back toward our resistance level of $47,500.

September 9 Daily Crypto Update: BTC is at $46,200, but the BTC dominance is lower?

September 9, 2021

Justin d'Anethan

If you think the bearishness is only in crypto, have a look at traditional markets.

Daily BTC Analysis

September 8, 2021

I don't remember ever writing a report in which the 7 day high and 7 day low were printed on the same day, until today.

September 8 Daily Crypto Update: Risk-off Markets

September 8, 2021

While the previous session had a clear, risk-on tilt, yesterday traded with a clear, risk-off feel. With developments on the Covid delta variant front and the fear of a more real impact on the economy, equity indexes in the US, Europe and Asia pulled back from elevated levels. Historically speaking, we’re still at very good levels, but, on the session, it felt a bit like a cold shower.

Daily BTC Analysis

September 7, 2021

Matt Blom

Today is the last day that Bitcoin isn’t the legal tender of a country. From tomorrow, the good people of El Salvador can buy anything they choose with Bitcoin. One would imagine Satoshi would approve.

September 7 Daily Crypto Update: El Salvador buys 400 BTC as BTC legalization approaches

September 7, 2021

Justin d'Anethan

We’re in a clear risk-on market. Investors are happy to buy equities and sell bonds.

September 6 Daily Crypto Update: BTC is finally back above $50k

September 6, 2021

Justin d'Anethan

With disappointing new job numbers in the US (250,000 actual instead of the predicted 750,000 increase), investors turned fearful of the impact of the delta covid variant and sold risk assets.