Mining

2021-08-18 12:24:22 Bitcoin dominance bounced from 44% level and the recent spike is because of the BTC pump dump. Overall BTC dominance is bearish and once BTC stable we see good move in alts again. We may see a retest of 46 before next downwards movement. Open / Comment

2021-08-17 18:57:49 4-hour view:

BTC breaking 50 MA on 4-hour chart with a big candle. This is not a good sign and we may see more dump. The last point of defend for BTC is the daily 200 MA ($45,500). A daily candle close below this level will send BTC back to $42,500-$43,000 area. Put stop loss on all open positions. Open / Comment

2021-08-17 18:52:21 Global total value locked in DeFi just reached $148 billion and is rapidly approaching new ATHs Open / Comment

2021-08-17 14:01:03 NFT monthly volumes in August near $1 billion Open / Comment

2021-08-11 13:16:33 Despite a strong rally to $45k, the Bitcoin market still has not seen a significant increase in old coins (> 1y) being spent.

This is very different to the 2018 bear market where old hands took exit liquidity on most relief rallies. Open / Comment