Cryptocurrency Sector Explodes Higher

Cryptocurrency Sector Explodes Higher The sentiment toward the Cryptocurrency sector has turned to wildly bullish. Not only has the number of google searches for “Bitcoin” surged, as shown on the left, but so have tweets. We’ve anticipated this rally now, in two recent posts.   “Crypto Rally Imminent”.  (https://markonomics101.com/2019/02/21/crypto-rally-imminent-chart-of-the-day-15/).  And, as recently as one week […]

Read more

Cryptocurrency Sector Ready to Rally Despite Reports of FAKE Bitcoin Volume

Cryptocurrency Sector Ready to Rally Despite Reports of FAKE Bitcoin Volume The Cryptocurrency Sector is on the verge of  starting a long awaited rally.  The resistance line is at $145 Billion, exactly the level as of early Sunday evening.  (https://coinmarketcap.com/). The Sector continues to be plagued by shady practices.  Bitwise Asset Management performed an analysis […]

Read more

Do Cryptocurrencies Have A Future?

Cryptocurrencies Extend Their 4th Waterfall Decline of 2018 The Cryptocurrency Sector is plumbing to new lows for 2018 as this is being Published.  Total market capitalization is now $107 Billion, well below last week’s low.  Less than a year ago, the sector peaked at $825 Billion (https://coinmarketcap.com/charts/).  Since then, the Cryptocurrency Sector has lost 87%.  […]

Read more

Cryptocurrency Casualties Keep Piling Up.

Cryptocurrency Sector Plunges 45% in 11 Days. After a very quiet summer, the Cryptocurrency Sector has suffered yet another Waterfall Decline this year.  According to Coin Market Cap (https://coinmarketcap.com/charts/), cryptocurrencies have endured 4 of these horrific drops in the last 11 months as follows: 45% in 10 days from January 7th ($831 Billion) to January […]

Read more

Cryptocurrency Bear Market of 2018 Intensifies.

Bitcoin Wipeouts Have Been Frequent. While Bitcoin (BTC), along with the entire Cryptocurrency Sector, has suffered massive declines this year, large drawdowns have occurred regularly (https://www.ccn.com/bitcoin-crash-the-history-of-bubble-bursts/).  At its current price of $4500, BTC has lost 82% from its peak last December.    Other large capitalization Cryptocurrencies have suffered similar fates.  Ethereum (ETH) has lost 91%, […]

Read more

Are Cryptocurrencies Finally Bottoming?

Has the Cryptocurrency Storm Blown Over? Since late 2017, this publication, not known for holding punches, has taken a very negative view of the Cryptocurrency Sector.  Some of our missives and our consistency can be accessed here: (https://markonomics101.com/category/crypto-corner/).  More recently, we’ve compared Cryptocurrencies to Bus Tokens and even Beanie Babies (https://markonomics101.com/2018/08/04/inflection-point-part-4-cryptocurrencies-commodities-or-collectibles/). The year 2018 is […]

Read more
  • 1
  • 2