With major coins now down an average of 52% off all time highs, we designed a simple screen to help identify coins that may have now fallen to attractive price points. The results highlight privacy coins (ZCash, Dash & Monero) and NEO GAS as 4 of the most interesting at current levels. Sample: - We... Continue Reading →
Only monkeys pick bottoms they tell me...undeterred, I back tested 25 popular market timing indicators on my Bloomberg terminal. Pretty much everything gets blown out on the short side, so I focused mostly on finding long indicators. One of the top performers is a simple 20 day Rate of Change strategy. The parameters I set... Continue Reading →
Bitcoin has very consistent seasonality. The chart below marks each year's annual high in green and each year's low in red - then plots those points within each year from 2010 - present (measured in number of days). The normal pattern is for lows to be set early in the year and highs set towards... Continue Reading →
Given the sudden influx of new money that has been chasing "cheap Altcoins", to a new investor Bitcoin's ~$15,000 price tag may appear unaffordable compared to an Altcoin priced at ~$1. So the aim is to remove the "unit bias" of each Altcoin by repricing them using the same current Total Coin Supply as Bitcoin.
Conclusion: * I think we're nearing the tail end of this correction * The median max drawdown of previous pullbacks is -35% - The trough this time a round was a larger than normal -45% (Dec 22's intraday low) * The median total duration of previous pullbacks is 23.5 days - As of today...we're already... Continue Reading →
Given the recent volatility in cryptos, the chart below gives a good snapshot and overview of the relative performance of the top 40 crypto-currencies/assets.
A Log-Periodic Power Law (LPPL) model is used to see whether the price action for Bitcoin follows a log-periodic oscillation model for a speculative bubble and predicting its subsequent "crash".