Laura Johansson

ATOMIC 44 The dollar rally is the problem. It started at the beginning of April, which stalled the bitcoin rally. A 2% rise in the dollar index has translated into a 17% bitcoin correction. Ouch. ByteTree ATOMIC Analysis of Technical, On-chain, Macro, Investment Flows and Crypto. Highlights Technicals Slump On-chain

ATOMIC 43 The only time we have seen net positive flows was around the launch of the Proshares Bitcoin Futures ETF (BITO). This rally was rational, as had the SEC allowed bitcoin ETFs, we might have seen a period of sustained net demand. We didn’t, and so the green

ATOMIC 42 The MicroStrategy premium exceeded 200% in February 2021 before easing back. It then rallied to 150% in the summer and has since dropped to 22%. If you believe the software business is worth $2bn, then there is no premium at all. ByteTree ATOMIC Analysis of Technical, On-chain, Macro,

ATOMIC 40 Whatever your personal feelings for Putin, the financial system will change. The list of countries that would gladly opt for Star Alliance over One World is growing. Why would China buy treasuries now, knowing they can be weaponised at a later date? BYTETREE ATOMIC Analysis of Technical, On-chain,

ATOMIC 39 It is bullish that bitcoin is proving to be so resilient. Bitcoin can no longer be considered a low quality, highly speculative asset. It has been in a strong uptrend versus ARKK (the non-profitable tech stock EFT), which is unquestionably a low-quality speculative asset. BYTETREE ATOMIC Analysis of

ATOMIC 38 Bitcoin is very clearly showing strength against the 17 trillion-dollar NASDAQ, which is the most over-owned and over-blown allocation on the planet. It’s fading while bitcoin is proving resilient. BYTETREE ATOMIC Analysis of Technical, On-chain, Macro, Investment Flows and Crypto. Highlights Technicals Stars and tech On-chain A