weekly-roundup

Week 7 2022 We can’t escape the fact that network demand continues to falter. Last week we were left with only the short-term transaction action signal in positive territory, but once again, there has been no uptick in transaction value to provide follow-through from the recent bounce. This week

Week 6 2022 As far as the Network Demand Model is concerned, the recent bounce in bitcoin should be treated with caution. But it may be that the interpretation of the data needs to change. This week we take a closer look at the moribund fees signal and examine the

Week 5 2022 The Network Demand Model demands a lot of patience, a commodity in short supply in today’s febrile world. This week, after resting in the off position since May 2021, the MRI signal has turned on. The short-term transaction signal has also turned on, so the NDM

ByteTree Market Health Update; Issue 110 Microsoft (MSFT) is one of the greatest success stories in the history of commerce as they brought super-normal profits to a new level. Before software, making money, I mean serious money, was much harder, and companies like Coca Cola were the envy of the

Week 4 2022 As predicted last week, the long-term transaction signal has now turned off, taking the model to a fully bearish 0/6. Velocity and short-term transactions have picked up, but this can reflect short-term capitulation rather than an underlying improvement in network usage. Zooming out, it is notable

ByteTree Market Health Update; Issue 109 With tensions rising between Kyiv and Moscow, the world waits to see whether Russia invades. Their motivation has been to contain NATO, which has been closing in on their borders for decades. This is an opportune time for the Russians to attack while they