Unveiling Crypto Market Insights - Bitcoin Price DiscoveryGM bitcoin enthusiasts,
Yesterday, Bitcoin hit a new all-time high of $110,730 on Bitstamp, with a record daily close at $109,682. 🚀
Today, BTC is continuing its upward momentum, seemingly unfazed by resistance at the previous all-time high around the $109K level. Bulls remain in control—for now.
So the question is:
- Is this a true breakout signaling continuation of the rally?
- Or is this just a deviation above resistance that needs to cool off before making new highs?
- Could we be faci
Bitstamp publications
Unveiling Crypto Market Insights - Bitcoin's Descending ChannelGM Market Enthusiasts,
In today’s update, we turn our attention to Bitcoin’s evolving trend. Since the end of February, BTC has been tracing a steady pattern of lower highs and lower lows. Currently, it remains below the 200-day simple moving average , consolidating around the 85K mark — a zone that has served as a resistance in recent days.
The big questions now are:
When will this downtrend lose its grip? At what point might Bitcoin reclaim ground above the 200DMA?
How long do you expect
Unveiling Crypto Market Insights - Wen PumpGM, Bitstampers!
In today’s update, we’re diving into Bitcoin’s recent price action, analyzing its current trend, and identifying key support and resistance levels .
Bitcoin Market Commentary
Bitcoin reached a new all-time high (ATH) of $109.4K on January 20, 2025, on Bitstamp. Since then, the price has been in a sustained downtrend, marking 50 consecutive days without a meaningful trend reversal.
On March 9, BTC broke below the 200-day simple moving average (SMA) and had repeatedly fai
Unveiling Crypto Market Insights - What's next for BitcoinGM Market Enthusiasts!
We’re excited to be back and posting! In today’s update, we’ll dive into Bitcoin’s recent price action and discuss what might be next for the world’s leading cryptocurrency.
Price Action
After trading within a range from March to October, Bitcoin began a strong uptrend, climbing steadily for over 10 weeks without any meaningful corrections. The first notable correction occurred in the second half of December, with Bitcoin retracing just under 20% from its local top
Unveiling Crypto Market Insights - Wen $100kHi Market Enthusiasts!
Bitcoin approached the 100k price mark and is experiencing its first decrease in momentum after four consecutive green weeks. In this post, we'll examine where we stand in the four-year cycle and the significance of the pivotal 100k milestone for Bitcoin.
Bitcoin position in the 4 year cycle
In our post about Bitcoin cycles , we highlighted its cyclical nature and noted that the bull phase typically lasts about 150 weeks. Currently, we are in week 108 of this cycle's
Unveiling Crypto Market Insights - Change of Regime for BTC?Hi market enthusiasts,
we have discussed the importance of trends in many of our educational posts. Today, we’ll put our knowledge to the use and focus on the current price action of Bitcoin.
BTC/USD
Since the low on Aug 5th, Bitcoin has established a pattern of higher local highs and lows, signaling a potential change of regime. Price of BTC increased by +30% from the Aug low and is currently situated below local high set in July. Regardless bitcoin remains range bound trading inside a wide
Unveiling Crypto Market Insights - Long term chartsGM kings and queens,
in our previous post , we zoomed out to 13 years of Bitcoin trading at Bitstamp. In this post, we’ll shed light on the benefits of long-term charts and how and when to use them.
Introduction
The daily bar chart is the most commonly used tool for forecasting and trading. However, for a comprehensive trend analysis, it's important to consider how the daily price action aligns with the broader long-term trend. To do this, longer-term charts must be employed, as John J. Mur
Unveiling Crypto Market Insights - When in doubt, Zoom outGM Bitstampers,
In this post, we're not going to deep dive into the recent price action. Instead, let's zoom out and take a moment to reflect on the incredible journey of 13 years of Bitcoin trading on Bitstamp!
Since our launch in 2011, Bitstamp has witnessed Bitcoin's evolution from an innovative network to a globally recognized asset. Whether you've been with us since that first trade on Bitstamp or joined somewhere along the way, you've been part of a revolution that has reshaped the finan
Unveiling Crypto Market Insights - Bitcoin's Ongoing RangeGM crypto bulls and bears,
Bitcoin has been trading range bound for the last 5 months. Market participants seem eager for market to tip it's hand, as Bitcoin has visited both the range lows and range highs for several times. We have described basic concepts of ranges in our posts devoted to ranges and support and resistance.
BTC/USD chart
After deviating below 60k support in the first half of July, Bitcoin soared +20% from the lows, reaching 70k level on Monday. However, Bitcoin didn't m
Unveiling Crypto Market Insights - ETH tailwinds in 2024GM Bitstampers!
In January 2024, we posted about the tailwinds and headwinds for Ethereum in the coming year. In this post, we'll focus on some of the factors that contributed to a +50% increase in price since the beginning of the year.
The tailwinds we noted in January included the release of EIP-4844, the potential deflationary nature of Ethereum, and the possibility of ETF approval. The headwinds included potential migrations of fee-sensitive users to alternative Layer 1 and Layer 2 solut
Unveiling Crypto Market Insights - Interpreting Volume and OIGM market enthusiasts!
In our previous post about Volume and Open Interest , we introduced the use of Volume and OI as confirming indicators. Today, we are going to discuss the relationship between trend, volume, OI, and the strength of the market, and apply the knowledge from both posts to the chart.
How can Volume and OI help us understand the strength of the market?
A good way to describe the relation between price, volume, OI, and the strength of the market is to examine the followin
Unveiling Crypto Market Insights - Volume and Open InterestGM Bitstampers!
In this week's post, we'll dive into a multidimensional approach to market analysis, focusing on tracking the movement of three sets of figures: price, volume, and open interest. Volume and open interest are commonly referred to as secondary or confirming indicators.
TL;DR:
- Volume and open interest (OI) are considered secondary (confirming) indicators, with price action taking precedence as the most important factor.
- Volume indicates the strength or urgency behind price m
Unveiling Crypto Market Insights - Round NumbersGM Bitstampers!
In our previous post , we described the basic concept of support and resistance . Now, we'll explore the significance of round numbers in acting as support and resistance.
Importance of Round Numbers as Support and Resistance
John J. Murphy highlights the relevance of round numbers as support and resistance in his book "Technical Analysis of the Financial Markets" : "There is a tendency for round numbers to halt advances or declines. Traders often consider important round n
Unveiling Crypto Market Insights: Support and ResistanceGM Bitstampers!
Today, we're diving deeper into the topic of identifying support and resistance levels—a subject we've briefly touched upon in our post about ranges .
Support and resistance
Support and resistance are pivotal concepts in technical analysis. John J. Murphy describes these concepts vividly in his book Technical Analysis of the Financial Markets: "The troughs, or reaction lows, are called support. The term is self-explanatory and indicates that support is a level or area on the
Unveiling Crypto Market Insights: Solana outageGM Bitstampers, Solana Manlets, market enthusiast and everyone reading this post!
Today we will discuss how news and events can impact markets.
Perception of positive and negative events in different market conditions
Market reactions to news/events, both good and bad, vary significantly between bull and bear markets. In bull markets, optimism can minimize the impact of bad news, with investors often buying the dip, while good news can fuel further gains. Conversely, bear markets see bad new
Unveiling Crypto Market Insights: ETH below 2023 yearly highGM market enthusiasts!
The year 2024 started off eventfully, and we are delighted to be back posting our thoughts about the markets. Today, we are examining the ETH/USD daily chart.
As ETH is situated just below the 2023 yearly high, we took a look at some tailwinds and headwinds for/against ETH in 2024.
Tailwinds we observed include:
- The expected release of EIP-4844 in the second half of the year
- The impact of potential deflationary nature
- The effects of potential ETH ETF
On t
Unveiling Crypto Market Insights: RangesGM fellow crypto enthusiasts!
Today we are going to discuss how to identify and trade ranges.
How to identify a trading range?
A trading range is formed when an asset trades between consistent high and low prices for a period of time. The top of the trading range often provides price resistance, where as the bottom of the trading range typically offers price support. We can also watch out for daily, weekly or monthly ranges, which are formed between the high and the low of the observed perio
Unveiling Crypto Market Insights: RSIHello, market enthusiasts!
In previous post , we described a group of technical indicators - Oscillators, providing a solid foundation for today's discussion on RSI. The Relative Strength Index (RSI), developed by J. Welles Wilder, is a momentum oscillator that measures the speed and change of price movements.
Calculating RSI:
RS = Average of x days' up closes / Average of x days' down closes
RSI = 100 - (100/(1+RS))
Interpreting RSI:
RSI is plotted on a vertical scale of 0 to 100. Mov
Unveiling Crypto Market Insights: OscillatorsGM traders and market enthusiasts!
In this week's article, we'll explore an alternative approach to trend-following strategies - the oscillator. Oscillators prove particularly valuable in markets that lack clear trends, where prices move within a horizontal trading range. These are scenarios where most trend-following systems struggle to perform effectively. Oscillators offer technical traders a powerful tool to capitalize on such sideways, range-bound market conditions.
However, the utility o
Unveiling Crypto Market Insights: 200d Simple Moving AverageGM fellow traders!
In the previous post about Bitcoin cycles, we discussed cyclical nature of Bitcoin and defined bull and bear market timeframes from cycle perspective. Today, we will describe an indicator that can help us define the long term market trends.
Let's explore the concept of the 200-Day Simple Moving Average ("SMA").
The 200-day SMA embodies the average price over the past 200 days. The 200-day SMA is often considered a support level when the price is above the moving average o
Unveiling Crypto Market Insights: Bitcoin CyclesGreetings, fellow crypto enthusiasts!
We are thrilled to initiate a series of posts dedicated to educational market content, with a central focus on crypto markets.
To kickstart this series, we will delve into the cyclical nature of Bitcoin and introduce the key terms pivotal to our upcoming detailed reports.
In this analysis of Bitcoin cycles, the cycle's start is identified as the lowest point following the peak of the preceding cycle within a multi-year timeframe. Historically, the duratio




















