Price and sentiment have been undecided between bull and bear. Rate hikes, inflation fears and a strong dollar might drag the crypto market down. But recently sentiment has been becoming a little bullish in the last days. CryptoCaptain’s algos will keep you posted once they identify a good opportunity.
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.
Bitcoin increased about 28% in the last 7 days reaching an all time high of $58,335 in Sunday trade. Some reasons for this spike can be attributed to billionaire Elon Musk after his portfolio company Tesla invested about 1.5 billion USD and also stated that they would accept BTC as a form of payments for …
Bitcoin is up 5% in the last 24 hours and up 15% in the last 72 hours reaching a record high of 15,9K USD – a price last seen during the bull run of 2017. A possible explanation for the recent price surge could be the increasing odds of a Democratic US president. Recent election …
Read moreBitcoin sets new record highs. Will the bull run continue?
The Bull Market Compass combines knowledge from the fields of big data, sentiment analysis, and predictive analytics using methods of artificial intelligence. Our service is backed by more than 10 years of scientific experience in these fields by the founders.
Major cryptocurrencies such as Bitcoin, Ethereum, and Bitcoin Cash have observed an uptrend since the losses driven by the Corona pandemic in March 2020. Since April, Bitcoin price moves exceed the Exponential Moving Average (displayed as red line in the chart below). Now, will Bitcoin extend its uptrend? Is bitcoin up to a bull run …
Read moreWill Bitcoin continue its uptrend? Bullishness is on par with 2019’s start of bull market
Investors should be cautious during Bitcoin’s recovery. Here’s why. We analyze the crypto market’s recent recovery from a technical view, a sentiment view, and from the news situation. We focus on the big picture and address long-term investors.
In March 2020 the Corona Crisis pushed to the forefront of public attention in Europe, the US, and the rest of the world. Spurred by worries of an economic breakdown, international stock markets saw a drastic crash of about -40% so far. Usually, the correlation between the stock market and the crypto market is very …
Read moreBitcoin in the Corona Crisis: Why investors should stay on the sidelines.