Aug 2, 2023 | Chainletter
The Fitch downgrade of the US credit rating is a reminder of how parlous global finances are. In that context it’s no surprise that the quality of Bitcoin holders continues to improve, while weak hands have been flushed out. Technical Analysis Long term holders grow...
Jul 25, 2023 | Chainletter
Short term consolidation around the US$30,000 level remains the base case, with more substantial moves anticipated towards the end of the year. Investor focus for the time being should be on the technology and fundamental use cases. Technical Analysis Still in an...
Jul 18, 2023 | Chainletter
Markets are quiet, because regulation has pulled liquidity out of the crypto eco-system. Yet price behaviour remains resilient and the technology becomes ever more practical. Don’t expect short-term fireworks, but this is a classic time to be accumulating. TECHNICAL...