Bitcoin in Accumulation Phase Despite Macro Headwinds, On-Chain Data Indicate

Long-term investors in bitcoin are adding to their stashes as prices decline, despite the generally bleak macroeconomic outlook, with some models suggesting the world’s largest cryptocurrency could be undervalued at the current price range of $20,000-$21,000. The Puell Multiple, a tool that measures one-year revenue growth among bitcoin miners, indicates there’s buying interest among investors … Read more

Bitcoin in Accumulation Phase Despite Macro Headwinds, On-Chain Data Indicate

Long-term investors in bitcoin are adding to their stashes as prices decline, despite the generally bleak macroeconomic outlook, with some models suggesting the world’s largest cryptocurrency could be undervalued at the current price range of $20,000-$21,000. The Puell Multiple, a tool that measures one-year revenue growth among bitcoin miners, indicates there’s buying interest among investors … Read more

China Stocks Are Ready For the Next Bull Run As Wyckoff Accumulation Is Near Completion

A silver lining showed up after the deeply oversold condition in the stock market last week where a number of the bullish tell-tale signs as explained in the video at the bottom of this post pointed to a countertrend rally off the extreme bearish sentiment. On the other hand, China stocks as represented via Invesco … Read more