Bitcoin

Bitcoin and the Money Supply

Bitcoin has eased back from attempting an all-time high, but the war in the Middle East gives just cause for that.

Jun 18 •

Bitcoin $100k and the FCA

Bitcoin still has a ByteTrend score of 4, as it recently touched the 20-day min line. One more good day, and it will be back to a bullish 5.

Jun 11 •

Bitcoin Prefers Rising Bond Yields

Bitcoin still has a ByteTrend score of 5, but only just as it hovers around the 30-day moving average.

Jun 4 •

Bitcoin – Steady as She Goes

Bitcoin has scored 5 on the daily ByteTrend for over a month. The trend is calm and just 15% above the 200-day moving average. This is a steady state…

May 28 •

Bitcoin’s Weak Network Activity

The hope is that Bitcoin will break above the all-time high set during the Trump rally earlier in the year. It seems more likely to happen than not, at…

May 19 •

$100K Is Here to Stay

Bitcoin is back above $100k with a ByteTrend Score of 5. This is bullish, and a new high could happen anytime.

May 12 •

Will Magnificent 7 Investors Shift to Bitcoin?

Since the start of the latest bull run at the beginning of 2023, Bitcoin has done nearly twice as well as the Magnificent 7 stocks.

May 6 •

The Bitcoin Gap Widens

Since 2017, Bitcoin has been over three times stronger, outperforming the rest of crypto by 15% per annum. That’s a huge gap.

Apr 28 •

BitDAQ All-Time High

In a stunning turn of events, the price of Bitcoin has broken higher, and the ByteTrend score is back to a 5. The bull has returned.

Apr 23 •

Bitcoin Shows Strength Amidst Market Turmoil

Bitcoin is insulated from the trade wars, but when investors take fright, everything feels the pain. The fact that it has been no worse than tech is…

Apr 14 •

Market Meltdown

Global financial markets are in meltdown, and while Bitcoin has held up well, it hasn’t escaped the sell-off.

Apr 7 •

Bitcoin Moves from Speculation to Corporate Strategy

Beyond the demand from ETFs, corporations are now actively integrating Bitcoin into their treasuries.

Mar 31 •

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