Bitcoin and Silver Pari Passu
Bitcoin’s ByteTrend Score has been downgraded to a zero trend score again. The counter rally didn’t last, and it is hard to be bullish at this point.
Bitcoin’s ByteTrend Score has been downgraded to a zero trend score again. The counter rally didn’t last, and it is hard to be bullish at this point.
Little wonder Bitcoin is slack, as the hot money has found a new toy to play with.
It should be noted that MSTR’s risk relates to the premium or mNAV, and not the credit risk. The latter would only kick in if the price of Bitcoin truly collapsed from here.
In this piece, we’ll look at how gold has evolved in the digital landscape and where the market is heading. We will also examine what this shift means for Bitcoin.
Bitcoin’s ByteTrend Score remains at a score of 0 since 16 November. This is bearish.
Bitcoin’s ByteTrend Score drops to 0., which means the trend is now bearish. The $100k level has been broken, and a bear market fits the four-year cycle thesis.