Back to Bear
Bitcoin’s ByteTrend Score has dropped to a 0 for the first time since April. The bear has returned.
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Tudor Jones: “Bitcoin is, unequivocally, the best inflation hedge”
The point investors seem to be forgetting is that Bitcoin has beaten everything and is poised to do so again.
Bitcoin Has Never Been This Oversold vs Gold
Bitcoin has never been this oversold versus Gold in history. Contrarians should take notice.
The Black Hats Don’t Have Quantum Computers
Bitcoin’s ByteTrend Score remains zero, after a severe fall in recent days. This move has been linked to the general malaise in tech stocks, which makes sense to me.
Tech Weakness Drags Bitcoin
Bitcoin’s ByteTrend Score has dropped back to a 1. There is no new low yet, but this is clearly a setback.
When Precious Metals Run Out of Steam…
Bitcoin’s ByteTrend Score is back to a 2. It is positive that the price is trying to stabilise and has not breached the April low.