Blog.

Crypto Market Update 05/09/2022

A short market update this time, as we are still waiting for the earlier pointed out levels. For the moment, BTC broke down the channel or possible bear flag to go to the main previous support (First blue box inside the yellow one). That level has been key for the last year, so we might see a bounce around this level.

Crypto Market Update 04/25/2022

Three weeks after our last market update, not a lot has changed in the markets from a technical analysis point of view. BTC was not able to achieve the orange level as it began to create bearish divergences in the 4h timeframe being a sign of buyers losing momentum.

Crypto Market Update 04/05/2022

BTC has continued its bullish momentum, breaking out the symmetrical triangle on RSI and also the ascending triangle in the price action. For the moment BTC is following the ascending channel and also has broken out the MA20W and retested.

Crypto Market Update 03/21/2022

For the last 2 weeks, BTC has been ranging inside the channel/ascending triangle that we were talking about in the last market update, also RSI stays in the ascending channel. The market is very slow, but last days gave us some new information.

Crypto Market Update 03/07/2022

After the retest of the descending channel 2 weeks ago, Bitcoin moved towards the previous horizontal resistance and went down again to the same level. Basically, BTC has been ranging since January.

Crypto Market Update 02/24/2022

On our last market update, there was still a lot of uncertainty on the Russian/Ukraine situation. As Russia laid their cards on the table last hours, we want to clarify again the earlier levels we have been talking about in case the market decides to decline more.

Crypto Market Update 02/21/2022

After breaking out the descending channel, BTC is now retesting this point. For the moment, that could be considered as a normal retrace in a normal environment situation. However, we can see how BTC is mirroring S&P500, which is in a descending trend due to the macro-political situation of Russia and Ukraine.

Crypto Market Update 02/07/2022

BTC bounced in the zone pointed out last week and also broke out of the descending trend that we had since the last top in November.

Crypto Market Update 01/24/2022

Following the chart posted in the market update of 2 days ago, BTC is arriving near the support zone which could bring us a bounce.

Crypto Market Update 01/22/2022

Following our December 2nd guidance, we are currently in the panic seller phase, as illustrated in the screenshot.

Crypto Market Update 01/10/2022

BTC developed several bull traps last weeks resulting in a downtrend and constant lower highs. We are now near a very important horizontal support level.

Crypto Market Update 12/22/2021

BTC has been in a slow bleeding mode for the last month and a half and finally created a rounded bottom and kind of Adam & Eve pattern right at the Golden Pocket zone.

Crypto Market Update 12/08/2021

BTC had a very sharp drop last week after several bear divergences on the 3 days and monthly time frame, together with a very high open interest and the over-leveraged market we saw a snowball effect.

Flood Warning

November has brought a massive surge in primary listing performance and catalyzed a flood of new tokens entering the market. 

Crypto Market Update 12/1/2021

Crypto Market Update 11/23/2021

Since the last Market Update, BTC has retraced approximately a -20%, which is the normal behaviour that we were expecting based on the movements that November tends to create in a bull run.

Crypto Market Update 11/11/2021

During the last movement, BTC achieved the first main level (Orange Box). We can see that it is struggling a bit to make a clear break out of the All-time highs (ATH) and we can notice that the buying pressure is not very strong looking at the RSI.

Traders like CEX

Building on my previous article, Analyzing the "First-Day Pop" in Digital Asset Markets; a Market Maker's Perspective, I'd like to update our view of the current market for primary listings and where price discovery and liquidity are moving.

Crypto Market Update 10/28/2021

After reaching ATH last week, we are now in consolidation mode. We have recalculated the Main GP (golden pocket/yellow box) with the last movement now. That GP would be the last support in case of a dump, but it is quite probable that BTC will keep consolidating in the upper range.

Crypto market update 10/20/21

BTC continues its own rally without a major retracement. That constant ascending channel scenario is the same behaviour we had from October until December of last year. These kinds of movements allow the price to move up without creating major bear divergences, which is a very good and “healthy” sign.

Crypto Market Update 10/13/2021 - Analysing market cycles

During last week, BTC had a nice run and even surpassed the first level without any problem. That tends to be a sign of bullishness but after that, it needs to cool down a bit to probably continue the trend if there is not any Black swan around.

Crypto Market Update 10/05/2021

Crypto Market Update 09/21/2021

For the last few weeks, BTC has been in a downtrend. For the moment, it can still be considered a retest of the main GP (golden pocket/yellow box) as well as the last descending channel or MA20W

Analyzing the "First-Day Pop" in Digital Asset Markets; a Market Maker's Perspective

The “first-day pop” or “IPO pop” is one of the more commonly cited IPO success measures and indicators of market health in traditional securities markets.