Crypto has been rallying as of late along with other risk assets. Is the bottom of this bear market in? Bear market bottoms are NOT an event, they are a process. Price action takes time to form a long-term bottom in a down trending market environment. It’s very rare to get a V-shaped recovery. After … Read more
The Volume Profile is an advanced charting study and indicator that discloses trades that have been done for a certain period at different price points. This trading indicator offers traders access to information on the price where the security or asset was traded the most during a period. As a charting study, users can access … Read more
Metaverse is a term that is loosely thrown around recently, especially since the name change of Facebook to Meta. The history of the term ‘metaverse’ can be traced to a notable SciFi novelist, Neal Stephenson in his book- Snow Crash. He detailed a universe that was different from what existed. It was a 3D virtual … Read more
After yesterdays hawkish FED, the crypto market continued to drop sharply below $43,000. The good thing about being a trader as opposed to a hodler is we can be versatile around what the market wants to do and make money whether it goes up or down. Bitcoin was stuck in a range of about $46k … Read more
In this short article we will be discussing the Bitcoin Hash Ribbon. This metric is specifically good at identifying great buying opportunities after large drawdowns in the Bitcoin price. It tracks miner capitulation as mining becomes unprofitable overall. Hash Ribbon uses a 30 day and 60 day moving average for the Bitcoin hash rate. When … Read more
In our Cryptostreet Bootcamp we discuss open interest and funding rates in detail and how to use them to swing trade the crypto market. Future Open Interest Bitcoin open interest is the total number of outstanding Bitcoin derivative contracts, such as options or futures that have not been settled. When it comes to futures, we … Read more
If you’re a frequent reader of this blog then you’re already familiar with Realized Cap. If you’re new then I suggest reading our article on Realized Cap. I will give a brief description in order to better explain MVRV. When calculating the value of a market like Bitcoin, most investors will use Market Cap which … Read more
Recently, we have written about short-term holders vs long-term holders. Also, we discussed Realized Cap. Both of these variables play into todays metric called Realized HODL Ratio. Through our research writing this blog we have found that price appreciation in Bitcoin bull markets coincides with short-term holders entering the market and taking majority share of … Read more
The crypto market has started to pick up some steam again as Bitcoin looks to be bottoming out. Dips are getting bought up and long-term hodlers are in control of the supply. Once we get a good indication of a bottoming market after a big sell off like we had, we can start to look … Read more
In this article, I will focus on two charts. As this market cycle gets more volatile, finding a market top or close too is becoming extremely important. Every Bitcoin bull cycle consists of local tops and a global top. Local tops are short-term tops before a larger pullback, followed by another price uptrend. During previous … Read more
