Strong Resistance at $62-65,000 Continues as Long-Term Holder Supply Declines
Equities spent the past two weeks setting all-time highs (ATH) while bitcoin met resistance at the same $65,000-65,500 region level…
Reaching $68,000 Rests On Whether Buyers Return
Today’s Fed decision on rates will likely set Bitcoin’s near-term trajectory, but the real signal will show in the trading…
Complacency Bounce Reaches Resistance
BTC spot prices have recovered 13 percent off its low, but this reflects selling exhaustion, not demand. Our view below…
What Bitfinex Traders Should Watch in May
Friday 1 May, ISM Manufacturing PMI (April) An early read on US industrial activity and pricing pressures. Given recent weakness…
BTC Dominance Spiking Ahead of FOMC as Options Markets Compress
Fed Chairman Jerome Powell is likely chairing his final Federal Open Market Committee (FOMC) meeting on 29 April. Fed Funds…
What Bitfinex Traders Should Watch in April
Friday, 3 April: US Non-farm Payrolls (NFP) US March employment data is expected to show growth of between 40-85,000 jobs,…
Bitcoin Rallies While S&P 500 Hits Four-Month Low
The successful retest of the Monthly Open on March 8th was an early sign that strength was beginning to return…
Bitfinex Alpha | The Fed Fights to Constrain Markets, While Crypto Retail Moves to DeFi
As we enter the new year, the enthusiasm of the markets cannot be contained. Even following the release of the…
Bitfinex Alpha | As the Inflation Debate Grips Markets, Growth in Crypto Gaming Continues
Fed-speak has always been an art. Following last week’s FOMC meeting, which resulted in another 75 basis point hike in…
