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$DXY Has been weak and is now back at its range low which has held as support numerous times over the past few years. Generally a weaker dollar is supportive of risk assets like $BTC, but if there's one thing BTC likes its liquidity injections. Global liquidity has been on the
$ETH Retested its March 2023 lows and bounced back above the October 2023 lows right before the big rally. I marked the interesting horizontal levels on the chart. I think your best bet is to just trade these level by level. The horizontals have been getting respected well but
$BTC Trying to flip the local trend around. We've now seen a higher high & higher low made. Still quite a few resistances above. Key level for bullish continuation remainss that $84-85K area where the 4H 200MA/EMA and local highs are located. At the local (equal) lows we got an
$BTC Different stages this cycle. Bitcoin's rallies have generally been fast with longer drawn out corrections in between. The current correction from top to now is taking about 2.5 months but is already in line with the same percentage loss as the 2024 correction. Both
$BTC There's the breakdown into the "Danger zone" retracing most of yesterday's candle. This was a pretty real risk as I already laid out in the previous tweet and in my Telegram. For now just staying sidelined on new trades and waiting for clear moves to show themselves. We had
$BTC Saw a strong move after the tariff pause was announced. Where BTC was more resilient on the downside, we saw equities pump more on the back of this pause (which makes sense as those are directly influenced by the tariffs). BTC traded right back into the 4H 200MA (Purple)
3 hours from now we'll get the new CPI number from March. Besides potentially some early buying to frontrun the tariffs, I don't think this data itself should be too influenced by the April 2nd Liberation Day and the madness that followed. Generally we do want to see the CPI
We can say whatever we want about Saylor & $MSTR but to get your company back from the death and back into relevancy, post dot com bubble, is pretty impressive. We'll have to see how the story ends in due time but as long as $BTC does not trade considerably lower by the time
You'll likely not see an intra day move like this on the Nasdaq again in the next 1 or 2 decades. Pretty historical. $SPX will also crush its largest ever daily gain in nominal terms. Previous record was +230 in 2020. It's currently at +440 with 30 minutes to the close.
Well there it is. The reciprocal tariff pause and Trump put has been hit. Obviously markets rallying hard on the back of this. If you held on and/or DCA'd into Crypto or Stocks, well done, you outperformed most people. The entire tariff situation is definitely not over as the
$BTC Has been taking out more liquidity below the $75K level. There's still a decent cluster sitting between $70K-$74K. Above the main area to watch for high timeframe liquidity grabs are $89K and above.
$BTC vs $SPX Still the chart to watch here. This filters out all the equities weakness "noise". The BTC/SPX ratio held its 2024 highs and Daily 200MA/EMA nicely during all the volatility. Once equities find some sort of bottom and/or some uncertainty gets removed out of the
People generally say: "No alt season until QE is back." Whether true or not, we might find out soon as the situation in the bond markets get worse. Don't think the Fed is at that point yet but the Bank of Japan is definitely seeing some issues. Put it on the Bitcoin Dominance
You might think stock market returns like these are the result of a bad year. Well, this is just the returns from last week. $AAPL down -22% losing $500B+ in Market Capitalisation. $BTC still did somewhat okay relatively speaking. Especially compared to how it previously
$TOTAL Market Cap big retest. All the way back down to the start of the election pump.
Be ready for sentiment to flip flop more than you've seen in recent months. You can already see the vibes shift based on the most recent 1 hour candle color. Traditional Finance media and hedge fund managers aren't much better during times like these. Stick to your own plan and
$BTC Opened with yet another gap this week. We're continuing to see a lot of volatility during the weekends which is causing these gaps on the CME chart. The previous ones have all filled within the same week usually. As I always say: Don't value these gaps too much but it's
Low timeframe price action can be very deceiving, especially during volatile times like now. We're seeing big multi percentage moves happen within hours on $BTC and even on equities. Some of them are based on headlines, some are simply because of the high volatility during this
$BTC Has respected its .382 Fibonacci retracements, measured from the cycle bottom to the local tops, quite well so far. This is the 3rd time we get such a test this cycle. This time we got some confluence from the 2024 highs as well. Big level to watch.
$BTC Trading below its Bull Market Support band for the past few weeks. It has attempted to get back above it a few times but has rejected for the time being. This is a good metric to gauge high timeframe market momentum. So far this cycle, price has traded below it shortly