atomic

ATOMIC 10 If ATOMIC was solely looking at the technical view, we would have no hesitation in upgrading to a bull market. The price action has been stunning, blasting though resistance and stopping the 200-day moving average from turning down. We see regulatory relief as the key driver, reversing much

ATOMIC 9 A high deviation from trend, either positive or negative, normally means a price has moved too quickly and needs to take a rest. To emphasise this point, we show the deviation from the 10-day moving average which reached +17%. That is the fourth highest reading in the current

ATOMIC 8 Many picked up on Monday’s Bitcoin surge, yet few noticed the plunge in real interest rates to, on some time frames, the lowest levels ever recorded. Gold typically surges on such news, yet for the first time, Bitcoin did gold’s job. Is this a one-off or

ATOMIC 7 Since 2010, a total of $3,251,841,501,701 ($3.25 trillion) has been transferred over Bitcoin’s blockchain over approximately 4,500 days. I show the BTC price in thousand-dollar increments and the amount transacted at those levels. Highlights Technicals Breakdown On-chain Weak and ignore the

ATOMIC 6 I want to look at ByteTree’s valuation work on Bitcoin. The methodology came to be in 2014 and has seen some improvements since. In essence, Bitcoin’s job is to transfer value, and the more it transfers, the more valuable it becomes, and vice versa. Highlights Technicals

ATOMIC 5 “Of the three roles that Bitcoin was purported to play in the real world, we believe that none has materialized” - Goldman Sachs Highlights Technicals Narrowing range, trend weak On-chain Blockchain still slow following difficulty adjustment Macro A renewed inflation narrative would boost crypto Investment Flows Buoyed by