In a Steemit post that largely went ignored, I issued one of my most important analyses of the cryptocurrency market. Comparing the bitcoin price to the allocation of Google searches for the term “bitcoin,” I discovered an empirically undeniable correlation between...
Seemingly, the crypto crash has no floor. At time of writing, the benchmark bitcoin price keeps falling lower and lower, almost as if every single bull and ardent optimist disappeared off the face of the earth. This indicates that even the supposed long hands are long...
With the bitcoin price moving towards $15,000 on multiple exchanges, one thing was confirmed: the cryptocurrency markets are impacted by government action, but only in the short-term. In the longer-term, the effectiveness of government intervention is questionable at...
Fittingly on the last day of 2017, cryptocurrencies are set for an encore performance. When the bitcoin price first breached the remarkable $10,000 level, the “blockchain markets” responded vigorously. Both bitcoin and major altcoins soared to previously unimaginable...
Christmas is the season of giving, but recently, the bitcoin price has been giving nothing but headaches. From a high of nearly $20,000, the king among cryptocurrencies has slipped to a current range between high-$13,000s to low-$14,000s. Unlike other prior...