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The Quiet Bulls Are the Best
Bitcoin has quietly returned to a ByteTrend Score of 5 and is poised to break higher. Crypto feels so quiet, yet Bitcoin is ready to move. As I keep on…
Jul 9
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The Quiet Bulls Are the Best
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It Is Going to Be Big
Investors are buying Bitcoin, and the past 90 days of inflows are the fourth-highest on record. Soon, UK wealth management will buy Bitcoin for the…
Jul 2
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It Is Going to Be Big
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War and Peace
Bitcoin has rallied as peak hostilities seemed to be behind us, which I’ll get to.
Jun 25
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War and Peace
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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
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Bitcoin and the Money Supply
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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
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ByteTree
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Bitcoin $100k and the FCA
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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
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ByteTree
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Bitcoin Prefers Rising Bond Yields
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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
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ByteTree
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Bitcoin – Steady as She Goes
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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
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Bitcoin’s Weak Network Activity
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$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
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ByteTree
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$100K Is Here to Stay
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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
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Will Magnificent 7 Investors Shift to Bitcoin?
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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
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The Bitcoin Gap Widens
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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
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BitDAQ All-Time High
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