Technical Analysis
Crypto Markets Analysis: Bitcoin's in the Doldrums as Investors Eye FTX Hearing, FOMC Meeting
The largest crypto by market capitalization and ether barely moved from a week ago. A likely 50-point basis point rate hike already seems priced into markets.
How Confident Are Institutional Investors About Bitcoin? COT Report May Offer Clues
A second consecutive week of increased exposure in the Commitment of Traders weekly measurement of investor activity would signal an undercurrent of confidence.
Ether Breaks Trendline From Previous Bear Cycle Lows
The breakdown of the ascending trendline corresponding with previous bear market lows looks horrible, one portfolio manager said.
Bitcoin’s High Correlation to Copper Does Not Bode Well for Short-Term Investors
Bitcoin now more tightly aligns with the commodity than the S&P 500 or Nasdaq. For long-term accumulators, however, this is likely their season.
Two Technical Bitcoin Indicators Diverge; Each Has Value Depending on Investors' Timelines
The RSI indicates bitcoin is fairly valued and may be of greatest interest for traders seeking quick gains. The MVRV ratio implies prices are cheap and more pertinent for investors looking longer term.
Crypto Market Analysis: Consumer Savings Rate Suggests Continued Calm in Bitcoin Prices
Inflation is outpacing wage growth. As a result, retail investors remain skittish about riskier assets.
Crypto Market Analysis: Ether’s Recent Strength vs. Bitcoin Reaches Key Crossover Signal
The sample size of crossovers of 10- and 100-day moving averages for ETH and BTC is small but worth watching. A positive crossover is often a bullish sign.
Bitcoin's Price Action Is Encouraging, But It May Not Signal Bottom: Traders
The cryptocurrency's price needs to trade above its 21-week moving average to confirm a bottom, one trader said.
Crypto Market Analysis: Commitment of Traders Report Shows Asset Managers Trimming Long Positions
Bitcoin futures contracts remain in backwardation. Leveraged Funds look to take advantage.
Crypto Market Analysis: Investors See Few Encouraging Signs
Relative Rotation Graphs, a visual tool to capture trends in assets, do not show many signs of hope, even for cryptocurrencies that rose significantly over the last three months.
