Category Archives for "Markets"

May 21

Investing vs Trading Bitcoin?

Markets , Trader's Mindset

Bitcoin, and some of the other cryptos, are assets which could gain or lose a tremendous amount. In fact, it would not be surprise me if the price does both, perhaps even multiple times in the future. Most professional traders are focused on finding patterns and edge. In order to realize outsize gains, typically leverage […]

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May 17

Bitcoin outlook update

Markets

It looks like Bitcoin faces serious headwinds. It looks like regulation and in particular taxation treatment might be a hurdle factor, although I am not an expert on that. Combine that with possible new and better coins on the wings equating to increased competition, MT GOX liquidation, and declining overall interest from the general public […]

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May 16

Monitoring Tom Lee’s Consensus Bullish Outlook

Markets

In addition to reading the tape, quantitative price analysis, and technical analysis, are there any tools we can use to monitor whether or not Tom Lee’s bullish outlook on Bitcoin based on Consensus is playing out or fizzling out? One possibility might be to use the Google trends to monitor searches for both Bitcoin  and […]

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May 16

Deflationary spiral possible for Bitcoin?

Markets

Reuters reported that Gemini has won approval to offer privacy focused ZCash. While recently, CME group announced the creation of an Etherium index. Recently, I shared analysis that might suggest that Bitcoin could be weighed down by MT GOX liquidator needing to sell over 100k+ coins. This is certainly another wrinkle. If we imagine deflation […]

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May 15

Additional Bitcoin Resources

Markets

In this post, I will be highlighting Bitcoin and other crypto resources. Please check back as I will be updating it over time: Crescent Crypto’s Newsletter https://www.crescentcrypto.com/newsletter/ Arthur Haye’s/Bitmex’s Blog https://blog.bitmex.com/ FundStrat https://www.fundstrat.com/  

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May 13

Near-term factors likely to influence BTC

Markets

While not normally providing analysis and outlook on this blog, I thought I’d highlight a few factors that may be influencing Bitcoin in the near term. The backdrop has been that Bitcoin managed to put in several higher weekly consecutive closes before negative sentiment, jawboning, expressed by influential investors and technical resistance of 10k led […]

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Jan 09

Be aware of risk with BTC

Markets

Because of the record run up, there are now many small investors who have a majority of their savings in Bitcoin. These are people who by good accident, fortune, or belief managed to capture a little of the bull market. One of my concerns when talking to some of these investors is they believe that […]

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