Cryptocurrency Analysis – week 39 and YTD, 2021 altcoins rebounded last week Bitcoin and the broader crypto market rebounded last week. Bitcoin (BTC) increased 11.5% (vs. -7.3% prior week) and Ethereum (ETH) increased 9.6% (vs. -6.5% prior week). Bitcoin...

Cryptocurrency Analysis – week 38 and YTD, 2021 FUD: China and US regulators   Bitcoin and the broader crypto market ended down last week amid heightened volatility. Bitcoin (BTC) declined -7.3% (vs. -2.2% prior week) and Ethereum (ETH) declined...

Cryptocurrency Analysis – week 33 and YTD, 2021 ALTCOINS CONTINUE TO ADVANCE   After a brief pullback, altcoins continued to grind higher last week.  Trends have been repaired to a great extend now, with prices breaking back above their 200-day...

Cryptocurrency Analysis – week 30 and YTD, 2021 altcoins gain but pullback is likely near-term   Crypto markets have experienced a strong bounce during the last two weeks. We’re seeing some positive signs of trend reversals. Prices are finally making...

Cryptocurrency Analysis – week 29 and YTD, 2021 CRYPTO MARKETS RALLY – SUSTAINABLE?   Crypto markets rallied off of their support levels reached last week. BTC ended the week up +20.3% and Ethereum (ETH) was up +23.3%, versus last week’s...

Cryptocurrency Analysis – week 28 and YTD, 2021 ALTCOINS RESUME A DOWNTREND   Crypto markets have resumed their downtrend, in large part due to the overhang on BTC from Grayscale share unlock.  As we have noted in our prior updates, traders must...

Cryptocurrency Analysis – week 25 and YTD, 2021 NO PLACE TO HIDE FROM DOWNTREND   Bitcoin and altcoins remained under pressure last week.  BTC ended the week down -3.7% and Ethereum (ETH) was down -9.8%, versus prior week’s -16.7% and...

Cryptocurrency Analysis – week 24 and YTD, 2021 BREACHED SUPPORT   Bitcoin and altcoins are under renewed pressure.  BTC ended the week down -16.7% and Ethereum (ETH) was down -21.6%. Most altcoins are now sitting at or near critical support...

Cryptocurrency Analysis – week 22 and YTD, 2021 REACHED RESISTANCE   Bitcoin and altcoins continued their rebound last week following massive (40-70%) declines. BTC ended the week up mere +1.4% and Ethereum (ETH) was up +15.9% (vs prior week’s +3.1% and...

Cryptocurrency Analysis – week 21 and YTD, 2021 BOUNCE FADED… SITTING AT CRITICAL LEVELS   Bitcoin and altcoins bounced last week following massive (40-70%) declines, but then prices faded.  BTC ended the week up mere +3.1% and Ethereum (ETH) was...