THE EQONEX CRYPTO GUIDE AND LEARN HUB

Daily Bitcoin and Crypto Analysis

Daily BTC Analysis

Daily BTC Analysis

January 21, 2021

Bitcoin has continued to trade on the back-foot today, with prices down 10%. The failure to recapture the $40,000 level has hurt momentum, which in turn has led to buyers displaying patience and waiting for lower levels. Those area's of interest are now upon us, so it will be an interesting end to the week as the bears push for a sub $30,000 print.

Morning‌‌ ‌‌Update—Macro and Crypto Markets—January ‌‌20th

Morning‌‌ ‌‌Update—Macro and Crypto Markets—January ‌‌20th

January 20, 2021

Markets reopened in the US and now feel somewhat risk-on. Yesterday the S&P jumped almost 1% while treasuries and gold remained muted. The dollar index fell sharply. Early in Asia, futures are edging higher in Japan and Australia, but seem to be leaning towards a dip in Hong Kong.

Daily BTC Analysis

Daily BTC Analysis

January 20, 2021

Bitcoin has followed the rest of crypto lower today, with prices down nearly 6%. The one constant we have seen since Bitcoin's all-time high is the continued accumulation of wallets containing 1,000 BTC or more.

Morning‌‌ ‌‌Update—Macro and Crypto Markets—January ‌‌19th

Morning‌‌ ‌‌Update—Macro and Crypto Markets—January ‌‌19th

January 19, 2021

Yesterday, we experienced muted volumes and trading during MLK day (equities, bonds, and OTC markets are closed in the US). Crypto markets were open but moves were also muted, albeit for a different reason. BTC prices seem to be narrowing into a—bullish?—pennant with a midline at about $36,000.

Daily BTC Analysis

Daily BTC Analysis

January 19, 2021

If you were yet to be convinced of the USA's appetite for Bitcoin, yesterday's holiday has provided some interesting data points. Trading volumes across futures, perpetuals, and options markets declined by 50% from their 10 day average.

Morning‌‌ ‌‌Update—Macro and Crypto Markets—January ‌‌18th

Morning‌‌ ‌‌Update—Macro and Crypto Markets—January ‌‌18th

January 18, 2021

It will be an interesting week for trading in Asia, as most will look at the economic data coming out of China in the coming days. Last Friday, global indexes fell by about 1% across the board, and this morning, futures look set to follow.

Daily BTC Analysis

Daily BTC Analysis

January 18, 2021

The weekend trading session passed with out incident. Prices have moved from resistance to support and back again, without ever threatening to break the status quo. The bulls will be hopeful that this period of consolidation is building a solid base, giving those who wish to sell Bitcoin plenty of time to make the decision in a stable environment. Once the selling is over, they can resume the march north, unhindered.

This Week in Crypto...

This Week in Crypto...

January 17, 2021

Over the weekend: Following Joe Biden’s $3 trillion stimulus proposal, Bitcoin and other cryptos are positioned to boom, according to analysts. This coincides with the Genesis block’s 12th birthday.

Daily BTC Analysis: Weekender

Daily BTC Analysis: Weekender

January 17, 2021

Welcome to the Weekender! Every week, we review the top news stories from the digital asset world, as chosen by our readers' clicks. This week we start with the news that Bitcoin exchange Bakkt has inked a business combination deal that will result in the Intercontinental Exchange subsidiary becoming a publicly traded company.

Morning‌‌ ‌‌Update—Macro and Crypto Markets—January ‌‌15th

Morning‌‌ ‌‌Update—Macro and Crypto Markets—January ‌‌15th

January 15, 2021

While US politicians continue with impeachment proceedings, on the economic front, Powell assures investors that now is not the time to think about reversing the easing measures that are in place. On a shorter term basis, markets were spooked by yet another jump in jobless claims.

Daily BTC Analysis

Daily BTC Analysis

January 15, 2021

The $40,000 level has been met with a wall of selling and Bitcoin has duly retreated to lure sellers down to lower levels. As we head lower into a cluster of support, this weekend's trading session could see a wide trading range as key support sits $32,330.

Morning‌‌ ‌‌Update—Macro and Crypto Markets—January ‌‌14th

Morning‌‌ ‌‌Update—Macro and Crypto Markets—January ‌‌14th

January 14, 2021

In traditional markets, we see a simple continuation of the previous session’s dynamics. The S&P rose slightly after some intraday swings. Investors bought some more treasuries, pushing the 10-year yield down, but still above 1%. Gold is stagnating at $1,850. BTC has been more dynamic and bullish. After four down sessions and a pullback that took us more than 25% below the all-time high, BTC bounced back. The day is closing 10% up, at $37,500.

THE EQONEX CRYPTO GUIDE AND LEARN HUB

Bringing digital assets to the world.

EQONEX is a digital assets financial services company focused on delivering a full, digital asset ecosystem that offers innovative, trusted, and transparent products and services.

Keep up with crypto through EQONEX!


This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

© 2022 EQONEX Capital Pte Ltd
All rights reserved.

IS 749075