Between early January and mid of July, Bitcoin had outperformed all other asset classes. Over the last six weeks, however, the largest and most dominant cryptocurrency is down more than 18%. Bitcoin — Emotional rollercoaster at critical support. Review With prices topping out at USD 31,818 on July 13th, Bitcoin had…

Since the expected turning point in late June, gold managed to stage a first recovery towards USD 1,987. Over the last two weeks however, prices came back down significantly. After a weaker than expected non-farm payroll report on Friday, gold posted a clear intraday reversal. …

After experiencing a 15.4% decline from USD 26.12 on May 5th, 2023, down to USD 22.09 on June 23rd, silver has made an impressive recovery over the past four weeks. Actually, prices managed to climb back up to USD 25.26 US dollars, effectively recuperating most of the previous losses in…

Bitcoin’s price action in the last four weeks has been characterized by consolidation and a lack of decisive movement. The market is eagerly anticipating a breakout, and the next significant price direction will likely depend on factors such as market sentiment, macroeconomic trends, and potential catalysts within the cryptocurrency ecosystem…

Over nine weeks have passed since the last peak in gold. During this time, gold prices have fallen by 8.4%, from USD 2,067 down to USD 1,893. While the initial wave of this correction was fairly decisive, market participants have been increasingly deceived by a trend-less back-and-forth since the interim…

In early May, gold once again failed to overcome the resistance around USD 2,070. Hence, the widely expected breakout has been once again postponed. Instead, our anticipated correction scenario has fully played out. Review After a strong rally lasting about seven months, gold prices reached a high of USD 2,067 on…

With prices reaching nearly USD 31,000, Bitcoin’s recovery rally hit its peak on April 14th. This resulted in a doubling of prices within a span of five months. Our initial two price targets of USD 25,000 and USD 30,000 were achieved. Review However, since mid-April, Bitcoin has been drifting into a…

Since reaching a high of USD 2,067 on May 3rd, the bears have taken control of the gold market. In an initial wave down lasting about three and a half weeks, they pushed the price of gold down to USD 1,932. Since then, the bulls have been attempting a recovery…

While US regulators are racing to secure the sale of California bank First Republic, the US banking crisis continues and is far from being over. Gold, on the other hand, remains the currency of last resort and has no counterparty risk. …