Issue #22
This issue we deep dive into the many Bitcoin and macro metrics showing signs of capitulation. The raw count of evidence for cyclical capitulation today is immense.
Issue #21
Today, we now find ourselves in a special juncture in the crypto cycle. Bitcoin has hit a down draw of -75% since November. More may come, but we are at a rare and historically valuable meeting point of price downdraw, halving cycle timing, and on-chain and fundamental metric discounts. As we outlined in our “Digital Asset Thesis” chart No. 10, we are now in the 6-12month window where Bitcoin halving cycle bottoms usually occur.
Issue #20
The S&P500 and Bitcoin showcased a strong recovery recently and today both markets find themselves at resistance, both fundamentally and technically.
Issue #19
Traditional markets have been taking a beating. Our February Newsletter and analysis of the impact of war on markets suggest that when considering war alone, most invasion events mark cyclical bottoms. So far this has been holding – by an inch…
Issue #18
The first quarter of 2022 is coming to a close. War in Europe and generational high inflation are our new reality. Markets have witnessed investors looking to risk-off, resulting in an exacerbation of the kind of…
Issue #17
For the past few months, Bitcoin has been driven by macro events like rate hikes and quantitative tightening. This month a new macro event has emerged which is impacting Bitcoin: the Russian-Ukrainian crisis.
Issue #16
Last month was mostly dominated by macro news much like December, namely the expected rate hikes throughout the year and possible quantitative tightening. Bitcoin is still considered a risky asset and its correlation with equities is on the higher side lately…
Capriole’s 2022 Market Outlook
A year ago, we published our “Christmas Special” newsletter. We wrote the following for our expectation of 2021
Issue #15
If you have been around the cryptospace long enough, you have probably noticed how decidedly un-Bitcoin Bitcoin has been this year.
Issue #14
Bitcoin started the month of November strong with a new all time high hitting $69K. But the party did not last long. Within a couple of hours the price retraced 5%.