Bitcoin Headed for First Monthly Loss in 6 Months
The liquidate wave from the narrative of lower inflation has now run its course and the market needs a new driver and theme to lift…
Tag: Bitcoin
The Wyckoff Wave Looks Lower In The Week Ahead.
The Wyckoff Wave finished the week slightly higher as expected, on average volume. We are not impressed by the lack of solid upside action last…
Litecoin Is Undervalued, Onchain Indicator Suggests
Litecoin has rallied nearly 31% so far this year, but is still trading at discounted prices, according to an onchain metric called the MVRV Z-score.…
Bitcoin Holds Above 200-Week Average as Dollar Index Rallies Most Since February
Analysts expect the U.S. dollar to continue gaining ground in the near-term, keeping risk assets under pressure. The heavily shorted U.S. dollar surged against the basket of…
Wyckoff Wave Tested The Previous Week’s Low, And Appears Ready To Move Higher Once Again.
The Wyckoff Wave finished the week slightly lower, and tested the previous weeks low, on lower volume. We liked last weeks action, as we appeared…