The Confusing Battle For Freedom – CHAINLETTER 38
Price action as we go into Autumn remains subdued. We explore some signs of life and revisit the important drivers.
Bitcoin Supply/Demand Dynamics Re-examined – CHAINLETTER 37
The crypto market feels nervous and unloved, but this is the consequence of an overshoot at the start of the year. It’s classic that attention is wandering just as it gets interesting.
Bitcoin Falls Sharply – CHAINLETTER FLASH NOTE
The crypto market has sharply corrected over the weekend. Our latest CHAINLETTER anticipated a tricky month, but this moves feels like a major over-reaction. There are some technical reasons why the market is particularly vulnerable at this point, but they are all...
Bitcoin’s Big Test – CHAINLETTER 36
In my days as an Asian equity fund manager, several summer holidays were marmalised by big dislocations in markets. 2024 is starting to look at bit like those grim months in 2008, 2011 and 2015. In this edition we examine some of the reasons. At the core is a slowing...