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Daily Bitcoin and Crypto Analysis

August 17 Daily Crypto Update: Retail giants are getting involved

August 17, 2021

Justin d'Anethan

The reason I always look at macro markets, besides the fact that they’re fascinating, is because they do have an impact on investor morale.

August 16 Daily Crypto Update: Investors are a lot richer now than they were last week

August 16, 2021

Justin d'Anethan

Traditional markets finished last week on a risk-on note. Investors were bolstered by reassuring inflation data and ignored the jobs data, which declined but was broadly in line with expectations.

August 12 Daily Crypto Update: As BTC strengthens and gains, does the crypto space feel safer?

August 12, 2021

Justin d'Anethan

Yesterday, traditional markets were mainly moved by inflation data coming out. Numbers are better than expected and hint at a pause in the incessant ramp-up we’ve observed recently.

Daily BTC Analysis

August 12, 2021

Bitcoin slid 3.5% lower again today, as the failure of the bulls to push for $47,000 has left market taking a breath from what has been a breathtaking rally from $29,000.

Daily BTC Analysis

August 11, 2021

Bitcoin has failed to hold early gains, with the market falling 2.5% on the day. We are back on the 200d moving average line at $45,046. As the week has progressed, we have witnessed an increase in activity across derivatives. Generally, this is supportive of a trend, as opposed to signaling the end of the move.

August 11 Daily Crypto Update: The infrastructure bill could have a massive impact on crypto, but nobody reacted and BTC prices just fell 2%.

August 11, 2021

Justin d'Anethan

Yesterday, the focus was on the almost $1 trillion infrastructure bill that was voted forward by the Senate and onto the House of Representatives.

Daily BTC Analysis

August 10, 2021

Bitcoin hodlers are feeling smug today, not just because of the continued rally, but also because it was gold’s turn to take a bath.

August 10 Daily Crypto Update: Short-term holders are leading market activity while long-term holders well…. Hodl

August 10, 2021

Justin d'Anethan

Most equity indexes pulled back from record highs yesterday. But it sounds more dramatic than it is.

August 9 Morning‌‌ ‌‌Crypto Market Update: Is this a relief rally or the start of another leg higher?

August 9, 2021

Justin d'Anethan

Narratives can change pretty quickly. Earlier last week, concerns about the economy or the delta variant pushed equity indexes down. On Friday, though, those same indexes reached record highs on better-than-expected jobs data.

Daily BTC Analysis

August 7, 2021

If you hodled through at $29,000, today’s Bitcoin rally is probably the first time you have allowed yourself to think the worst is over.

Morning‌‌ ‌‌Update—August 6—Macro and Crypto Markets

August 6, 2021

Justin d'Anethan

Investors are oscillating between optimism and pessimism regarding earnings, the economy, the virus, and, in the near term, jobs data due today in the US.

Morning‌‌ ‌‌Update—August 5—Macro and Crypto Markets

August 5, 2021

Justin d'Anethan

Until the US releases jobs data, due to come on Thursday, most investors are staying in wait-and-see mode.