Crypto Market Analysis and CryptoCaptain Update

CryptoCaptain

Bitcoin and the crypto market are fighting resistance and continue their sideways trend. CryptoCaptain uses boring market times to develop new industry-leading quantitative investment products to deliver in our mission of making accessible hedge-fund invesment approaches for everyone.

For crypto believers: How to best buy into the crypto market?

Bitcoin and the crypto market have continued their downtrend. Amid this downtrend the overall narratives and value propositions of crypto have not changed. Adoption of crypto continues to rise. Markets that look like they are going to hell mark good times for buying for the ones having the conviction and for believers with a mid-to-long-term investment horizon. We discuss ways to take advantage of cheap coins and of getting into the market safely.

Onchain-analysis suggests the bottom is close

Entity adjusted dormancy flow

Each plunge in this downtrend has been a little less deep than the former one. That is, there is still a lot of interest in buying crypto.
An often cited onchain analysis, the Entity-Adjusted Dormancy Flow, shows that a potential bottom may have been reached in the current downtrend. At least historically, its current reading has well marked market bottoms.

Understanding the Crypto Market’s Volatility

Price chart

Market volatility is caused by any form of uncertainty which could influence the value of an asset. Two important drivers have been (1) shifts in regulation regarding cryptocurrencies, and (2) adoption of crypto currenices in real-world use cases. Market volatility may sound intimidating, but so long as you know how to invest properly, this volatility might end up in your favor.

What to expect from CryptoCaptain in 2022?

Happy New Year to all our readers! To give you a quick update about our exciting developments for crypto investors, I’ve compiled this list. We plan to improve communication material on our website and for CryptoCaptain members. This is to better explain how our investment system works and how you best use our service. So, …

Read moreWhat to expect from CryptoCaptain in 2022?

Cryptos crashing: Where is the bottom?

State of the market The downtrend in the crypto market has been continuing as Bitcoin has crashed through $46k support and is now at a cruicial higher time frames support level of $42k. Despite being recently stronger than Bitcoin, Ethereum also did not hold $3600 and crashed towards $3200. What caused the crash? A driver …

Read moreCryptos crashing: Where is the bottom?

Is Bitcoin back in bull mode?

Bitcoin weekly chart

In this weekly Bitcoin chart, you can see that Bitcoin recaptured the 51k level and it looks like the recent downtrend since mid November might be broken. Pretty comparable to the change in trend in the end of July and end of September when the bull market resumed. Raoul Pal and others suggested that a …

Read moreIs Bitcoin back in bull mode?

Is December a good month to buy crypto?

Net unrealized profits

State of the market Crypto markets keep consolidating this week and Bitcoin’s price trend is leading downwords as it still creates lower highs. However, important levels of support held so far as Bitcoin hovers still above $47k. Inflationary environment and counter measures A cruicial event this week has been the FOMC meeting, in which interest …

Read moreIs December a good month to buy crypto?

Will the bears prevail in the crypto market?

State of the market Bitcoin is still in a downtrend and probably is about to further consolidate throughout the rest of the year. A test of lower price levels around $42k to $43k seems possible and as long as its stays above that level, the outlook for Q1 of 2022 remains bullish. A drop to …

Read moreWill the bears prevail in the crypto market?

Best coins for the next crypto bull run

Cryptocurrencies

State of the market In this week, Bitcoin kept trending south, making lower highs on the chart. $56k held as support (see the blue line). But $60k could not break so far. Breaking $60k would be clearly a bullish signal. However, we are not there (yet). Thus, the market is a bit boring right now. …

Read moreBest coins for the next crypto bull run

Crypto Market Crashing – When Should I Buy?

Cryptocurrencies

State of the market After a relief rally taking Bitcoin to $59k and some altcoins showing also some nice relief rallies, we observed a hefty drop all across the crypto market today. Bitcoin erased all its relief gains and printed new lows around $53.5k. Ethereum dropped to $4k. Ethereum still looks a bit stronger than …

Read moreCrypto Market Crashing – When Should I Buy?

Over $100 Billion Market Cap Lost In the Past 24 Hours, Will The Bears Prevail?

Over $100 Billion Market Cap Lost In the Past 24 Hours, Will The Bears Prevail?

This week we see bearish pressures mount against Bitcoin price dropping the digital currency giant to below April ATH and with even more probability of sharp short-term pullbacks. Bitcoin registered two consecutive ATH latest being in the region of $69,000 on the 10th of November. The landscape changed afterward, with the crypto assets plummeting downwards. …

Read moreOver $100 Billion Market Cap Lost In the Past 24 Hours, Will The Bears Prevail?

Following A Flash Price Crash, Bitcoin Reclaims The $60k Levels As Trend Remains Bullish

Following a sudden crash to the $56k region this week, Bitcoin has regained over $4k in the last 24 hours with ETH also painting a new ATH at $4,400. BTC is still in the corrective phase while ETH seems to garner all the attention and out-performing BTC in the short term. Despite the short-term weakness, …

Read moreFollowing A Flash Price Crash, Bitcoin Reclaims The $60k Levels As Trend Remains Bullish

$64k ATH Shattered; Early Bullish Signals But Bitcoin Price Breakout Not Yet Confirmed

$64k ATH Shattered; Early Bullish Signals But Bitcoin Price Breakout Not Confirmed Yet

The third week of Q4 sees Bitcoin finally breaking ATH and now officially going for fresh price discovery. This is a result of positive developments from the first-ever SEC-approved futures-backed Bitcoin ETF. Even though Bitcoin has charted a new ATH, It is still an early bullish signal, and not enough to fully confirm the breakout.  As …

Read more$64k ATH Shattered; Early Bullish Signals But Bitcoin Price Breakout Not Yet Confirmed

Inches Towards A New ATH: Reports Of Bitcoin Futures ETF Approval Helps Price Surge

Inches Towards A New ATH: Reports Of Bitcoin Futures ETF Approval Helps Price Surge

Bitcoin has maintained an impressive price rally over the past couple of days, currently aims at a potential new ATH in the coming days. With near-term technicals being slightly cautious, Bitcoin maintains a bullish trend. After 6 months of hiatus, Bitcoin is on the verge of hitting $60k levels. Hours after good reports of the …

Read moreInches Towards A New ATH: Reports Of Bitcoin Futures ETF Approval Helps Price Surge

Bitcoin Bulls Finally Zero-Out The Bears, Aims For New ATH

Bitcoin Bulls Finally Zero-Out The Bears, Aims For New ATH

Bitcoin marked its highest price climb since mid-May this week with a number of altcoins following suit. Approximately a week ago, Bitcoin struggled below $45k price but impressive gains adding up to 35% in value, this week sees Bitcoin reaching for new ATH. Q4 started on a good note when Bitcoin broke above a descending …

Read moreBitcoin Bulls Finally Zero-Out The Bears, Aims For New ATH

Final Quarter of 2021 Looking Promising As Bitcoin Pokes $48k

Final Quarter of 2021 Looking Promising As Bitcoin Pokes $48k - cryptocaptain

‘Uptober’ Bitcoin shoots despite being in the $41k-$43k region the entire trading week. An abrupt upside sees a fall of the resistance level and price explode to $47k for the first time since mid-September. Fed Chair Jerome Powell reassuring that the US has no plan to ban cryptocurrencies has help the entire crypto market to …

Read moreFinal Quarter of 2021 Looking Promising As Bitcoin Pokes $48k

Bitcoin Making A Recovery Despite Activities In China Intensifying FUD. Is 50k Level Next?

Last week was dominated by fear and uncertainty in the crypto market, as Bitcoin took a major dip, dropping to as low as $39,600 and breaching the $40k support levels. Though Bitcoin quickly bounced and is trading at over $42k at the time of putting this article together, the crypto market has been left in …

Read moreBitcoin Making A Recovery Despite Activities In China Intensifying FUD. Is 50k Level Next?