Frank on Market Insights | 
BITCOIN HAS BEEN TRYING TO FORM A BOTTOM SINCE THE DECEMBER LOWS. Given the 2018 collapse – and the various false starts we witnessed along the way – this technical pattern has not encouraged much excitement yet. That’s understandable. However, this time, BTC has company. Yes, other Cryptos are showing similar formations, but it’s the […]
Frank on Market Insights |
HIGHER LOWS HAVE BEEN ELUSIVE IN THE CRYPTO SPACE FOR QUITE SOME TIME. As Bitcoin (BTC) retraced its meteoric 2017 rise last year, sentiment plummeted, along with trading volume. Now, in early 2019, not much has changed… or has it? The most constructive part of the 2018 crash was BTC’s ability to hold above the […]
Frank on Market Insights |
WHILE TRADING VOLUME, VOLATILITY AND SENTIMENT HAVE PLUMMETED IN 2018, BITCOIN (BTC) HAS BEEN TRENDING ALL YEAR – TO THE DOWNSIDE. This fact has been exceedingly frustrating for just about everyone involved, but its meteoric rise and fantastic crash is a familiar story: A new concept is introduced and supported by a small amount of […]
Frank on Market Insights |
AS THE GLOBAL MARKETS HAVE SEEN VOLATILITY EXPLODE IN RECENT WEEKS, THE EXTREME PRICE ACTION IN BITCOIN HAS ALL BUT VANISHED. Think about this, since 10/16/18, the S&P 500 (SPX) has experienced seven +/- moves of least one percent. Over that same time frame, BTC has seen just one on 10/29… In 2017, the […]
Frank on Market Insights |
IS IT A FAILURE TO GO UP OR AN INABILITY TO GO DOWN? Think about what has happened over the last few weeks OUTSIDE of Crypto. Among other events, the Fed raised rates for the third time this year, the 10 Year Yield spiked to a seven year high, Cannabis stocks went berserk, Crude […]
Greg on Market Insights | 
The stars maybe aligning for alternative asset Bitcoin bulls. First, fundamentally, Bitcoin’s marginal mining cost is ~$6,400 according to bulge bracket broker Morgan Stanley. A greater understanding of the marginal cost level of mining Bitcoin is helpful in forecasting prices; and most important where prices could bottom. With Bitcoin trading at $6,500, investors […]
Frank on Market Insights |
BITCOIN (BTC) HAD A QUIET SEPTEMBER DESPITE ONCE AGAIN BOUNCING NEAR KEY SUPPORT. We’re left in a very similar position heading into the 4th quarter – trying to break the ninth month series of lower highs. However, outside of BTC, there were some fireworks. Of the most followed Cryptos, Ripple (XRP) made the biggest […]
Frank on Market Insights |
TLRY ROSE 93% INTRA-DAY ON WEDNESDAY, PROMPTING COMPARISONS TO CRYPTO’17. Right or wrong, we had not seen panic buying like this since the blow off top in Bitcoin, et. al., nearly nine months ago. Toward the end of this week, most Cannabis stocks and ETFs had come off their “parabolic” highs. General stock market volatility […]
Frank on Market Insights |
EHTEREUM’S RALLY MEANS NOTHING… FOR NOW. It wasn’t too long ago that Ethereum (ETH) was taking share from Bitcoin (BTC). Even as BTC gained 50% from April to May, ETH outshined it, rallying over 120%. It was trading near the 800 level, and bulls gladly proclaimed that 1,000 was imminent. That didn’t happen. BTC promptly […]
Frank on Market Insights |
HAVING TIGHT STOPS IN PLACE IS IMPERATIVE IF YOU’RE CRYPTO TRADER, ESPECIALLY IN 2018. Bitcoin (BTC) hit the 7,300 pattern count we alluded to, held there for a few days and then got creamed. Sound familiar? A respectable gain eventually being wiped out has happened repeatedly this year. While discouraging, we have to recognize this […]
