Bitcoin “Double Top” Narrative Builds, Factors To Potentially Fear
Bitcoin price is in a precarious location. The asset set a new all-time high just days ago but
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Narrative
Self-Proclaimed Contrarian Investor Bashes Bitcoin Digital Gold Narrative
Bitcoin has become extremely popular in 2020, on the back of the store of value, safe haven asset,
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Why The Double Top Narrative In Bitcoin Doesn’t Make Sense
Bitcoin price just set a new all-time high today, and then immediately dropped $500 and is trading below
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Defi Summer; Bitcoin Fall. Bitcoin Resumes Its Narrative Dominance.
The attention may have been with DeFi when it was warm, but as the cold winds of COVID-19 return fears and election volatility blow, bitcoin is resuming narrative dominance.Our main discussion is a narrative shift from DeFi back to bitcoin.Over the summer, DeFi led the crypto charge. From growth in
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First Mover: Digital Gold Narrative Could Be Bitcoin’s Lone Ace as Ethereum Gains
It’s pretty much guaranteed at this point that higher inflation is coming. The Federal Reserve, which has already printed about $3 trillion of new money this year, is now explicitly devoted to reducing the dollar’s purchasing power in a bid to revive the economy. Higher inflation also typically happens when a country gets laden
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How Bitcoin Correlations Drive the Narrative
Every week there’s usually at least one article in CryptoX, a blurb in a newsletter and several charts in the Twittersphere about bitcoin’s correlation with something or other. This week, we were told that the 60-day correlation between gold and bitcoin (BTC) had reached all-time highs. Last week, our monthly report featured a
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Why One On-Chain Analyst is Wary About Bitcoin’s “CME Gap” Narrative
One widespread narrative that cryptocurrency investors have been closely watching as of late is regarding Bitcoin’s propensity to
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‘It’s Part and Parcel of Crypto’: How Memes Drive Narrative and Value
“YAMs = Ponzinomics of AMPL + Chad launch of YFI + Meme math of Tendies,” Messari analyst Ryan Watkins tweeted about the latest decentralized financial application to set crypto atwitter. It’s the type of back of the napkin logic that looks like gibberish on its face, but has an internal cohesion
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People Aren’t Buying the ‘Great American Recovery’ Narrative
Despite the stock market returning to all-time highs, many can’t shake the feeling that all is not well in the economy. Today on The Breakdown’s Weekly Recap:People aren’t buying “the Great American Recovery”Let’s stop considering the economy as one thingDave Portnoy doesn’t care about your principlesDeFi is the Wild West and
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This New Economic Narrative Could Shift the Tides Into Bitcoin’s Favor
Bitcoin has been closely tracking the traditional markets in recent months, which is part of the reason why it has been caught within such a persistent trading range since the start of May.The equities market has been stable as of late, with its ongoing consolidation coming close on the heels
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