weekly-roundup

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

Week 3 2022 Although the score remains at 1/6, behind the scenes there have been some interesting developments in the Network Demand Model this week. The short-term transaction signal briefly flickered on while MRI has perked up. The bad news is the long-term transaction indicator, the sole source of

Week 2 2022 “All models are wrong, but some are useful”. George Box, University of Wisconsin, 1978 Last week we warned that the bitcoin market was in urgent need of a catalyst. The patterns we are observing have worrying similarities to the price behaviour of 2018 when the price fell