Token Daily

2022-06-21 14:25:14 The 2021-2022 bear market is well within the normal behavior of previous correction cycles. Moreover, at the moment it is even quite light in relation to the 2013-2015 and 2017-2018 cycles. Open / Comment

2022-06-20 17:34:03 Authoritative trader Peter Brandt believes that Ethereum may fall to the $300 area if the Head and Shoulders reversal pattern is fully worked out. At least for the current ones, he definitely does not want to buy.

Recently, all forecasts are like a selection - all pessimistic and one is worse than the other. But the simple truth that you need to buy when blood is shed in the markets and everyone is scared, has always worked flawlessly and brought excellent profits Open / Comment

2022-06-16 08:49:07 According to Peter Brandt, the worst-case scenario for Bitcoin would be a fall to $13,000. This will be a full-fledged development of the double top pattern.
However, these are already obvious things. The chances of seeing a good rebound from $20,000 are very high, but getting a full reversal is doubtful. Open / Comment

2022-06-14 09:25:52 Estimated leverage on bitcoin continues to grow and already looks menacing. The next momentum could wash away a huge number of margin traders and draw a giant candle. Be careful.
(data CryptoQuant) Open / Comment

2022-06-07 08:11:50 The level of capitulation of long-term BTC investors has reached the extreme zone (SOPR metric from CryptoQuant). This is where the final phase of the bear market and the reversal historically took place. This, of course, does not exclude the possibility of a further fall and a new stage of accumulation several months long, but globally the sign is positive. Open / Comment

2022-06-05 09:36:14 Already soon a month as the index of fear and greed will be in the zone of extreme fear. Exactly the same thing happened in March 2020 and the end of 2018, when the crypto market hit the bottom. Subsequently, both times we received uptrends with X's. The only question is whether history will repeat itself.

But according to the index, now is one of the best moments to buy before rising Open / Comment

2022-05-29 21:54:29 Against the background of the falling price of bitcoin and the growing complexity of mining, the profit of miners has been significantly reduced for 9 months in a row (Arcane) Open / Comment

2022-05-23 21:41:05 Meanwhile, the bitcoin hash rate continues to update all-time highs (cryptoquant). At the same time, the BTC price is still in correction, usually such a divergence led to an increase in the cost of the main cryptocurrency. Against the background of eight closed unprofitable weeks in a row, such a scenario looks very plausible. A rebound should definitely happen in the next couple of weeks.

But globally, the time is not right now for optimism. The tightening of monetary policy in the US is pulling many markets down, including cryptocurrency. Open / Comment

2022-05-22 18:13:45 On Bitcoin, the metric of realized profits and losses (therationalroot) shows the entry into the extreme zone. In fact, this means that the price drop to the $26,000 area has caused so many investors to panic and sell in the red. Such moments on the BTC chart often became reversal. Open / Comment

2022-05-17 13:29:10 Bitcoin closed the seventh losing week in a row. Something similar already happened in 2015 (6 weeks in a row), after which we saw a 30% rebound from the low and continued decline. Open / Comment