Market Commentary

Time to HODL

The Bitcoin network hashrate currently stands at 32 million terahashes per second. The hashrate decreased 35% over the past year, while the USD market value for Bitcoin decreased 82% from it’s previous highs. A sustained decrease in hashrate which […]

Bitcoin Commentary

New Year crypto rally?

The news surrounding bitcoin and the other major cryptocurrencies has followed a classic bear market pattern over the past year. When we first started to delcine there was a resounding chorus of “Buying Opportunity”. The […]

Bitcoin Commentary

Time to Short Bitcoin!!!

Ok, let’s restart my coverage with a shorting opportunity in Bitcoin (Current price 427). The market looks toppy and with the final tranche of Justice Department sales announced plus the lack of consensus on extending […]