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Morning Brief

Daily BTC Analysis

September 23, 2021

Bitcoin has enjoyed a positive trading session today, with prices up 7% post this morning's news that China had taken some small steps to avoid an immediate default from Evergrande. The addition of liquidity to the banking system may just be a shock absorber for next week's action, or it could be the first shot in a sustained program to assist with Evegrande's woes.

Daily BTC Analysis

September 22, 2021

A brief move lower in the Asian trading session was quickly countered, and Bitcoin now sits less than 1% down on the day. It's starting to feel like we've seen this movie before. Evergrande is likely to have defaulted come the end of the week, and although it's only Tuesday, I can already see one of those weekend trading sessions that keep us glued to our screens.

September 22 Daily Crypto Update: Despite drops in price, impetus remains positive

September 22, 2021

Justin d'Anethan

Markets confused most investors yesterday, with a mid-session bounce that reversed course later on to finish once more in the red. One can imagine the emotional rollercoaster for some traders turning bullish and seeing those hopeful bets - once again - fail.

Daily BTC Analysis

September 21, 2021

Bitcoin has fallen 7% on the day as the world's markets turned their attention to a potential debt crisis brewing in China. As we all know, debt crises are super easy to solve: You just print more money and they go away, as per the FED.

Daily BTC Analysis

September 18, 2021

Bitcoin has edged slightly lower today, with prices declining 1% and setting the market up for another potential soft weekend of price action.

Daily BTC Analysis

September 17, 2021

Bitcoin has experienced a slow trading day, with prices confined to a $1,200 trading range and showing a 1% decline.

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.