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Bitcoin's 90-day correlation with tech stocks, in contrast to the 2018 sell-off where BTC was not correlated with tech stocks at all, suggests the bottom is not necessarily where the marginal crypto native seller capitulates, but where the marginal legacy macro seller becomes exhausted. Fundstrat's research suggests BTC is much less likely to experience a prolonged crypto winter for this reason. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

28 de jan. de 2022

Predictions for bitcoin to reach $100,000 have been deferred indefinitely as the cryptocurrency has declined about 45% from its all-time high. Yet, new data from Cathie Wood-led Ark Invest suggests its bullish BTC could rise to $1 million over the next decade. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

26 de jan. de 2022

Bitcoin is recovering from Monday's low of about $33,000, which represented a severing of more than half of its November all-time high value of $69,000. The 52% decline from the peak thus far ranks sixth in bitcoin's history of worst drawdowns, but this retreat could continue to grow larger, according to data from NYDIG. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

25 de jan. de 2022

Bitcoin's price slide appears overdone on technical charts. Still, demand from whales, or large crypto investors, remains elusive, signaling a low probability of a quick trend reversal higher. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

24 de jan. de 2022

Bitcoin continues to hold support above $40,000 as momentum improves on intraday charts. Upside appears to be limited toward the $43,000-$45,000 resistance zone. $48,000 could present another hurdle for buyers, given the series of lower price highs since November. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

21 de jan. de 2022

Day traders bored of bitcoin's recent slumber may soon have to remain glued to their screens, as a large number of open futures positions signal renewed price turbulence ahead. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

18 de jan. de 2022

The Turkish Lira is proving to be more volatile than bitcoin, according to data from Chainalysis. The Lira's 90-day historical volatility (HV), a measure of how much the price fluctuated from its average, has risen to an annualized 65% against the U.S. dollar. Meanwhile, bitcoin has dropped to 61%. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

13 de jan. de 2022

The U.S. Labor Department's consumer price index (CPI), the most widely used gauge for tracking inflation, rose to an annual clip of 7%, hitting predictions made by economists. This marks the highest increase since June 1982 and topping November's 6.8% increase. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

12 de jan. de 2022

A chart featured in the 2021 CoinDesk Annual Review illustrates the 90-day return for bitcoin, ether, and macro assets. In this Chart of the Day report, Galen Moore reflects on bitcoin’s relationship with broader financial markets and ether’s dependence on the BTC price.

6 de jan. de 2022

Even though the bitcoin price did not reach $100,000 at the end of 2021 as predicted in the stock-to-flow model, a chart published by Bloomberg that uses Goldman Sachs data indicates this is still highly possible if BTC continues to be adopted as a store of value. In this Chart of the Day report, Galen Moore reflects on bitcoin’s market cap and how it compares to gold.

5 de jan. de 2022