There Is Potential For More Capitulation From Bitcoin Miners
More announcements from public bitcoin miners on potential capitulation. Debt needs to be paid and cash is tight due to high hash rate and a low bitcoin price. The below…
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More announcements from public bitcoin miners on potential capitulation. Debt needs to be paid and cash is tight due to high hash rate and a low bitcoin price. The below…
As the market hangs on the edge of continued rally or turning over, hawkish or dovish commentary may drive exceedingly volatile market reactions. The below is an excerpt from a…
Miner capitulation is here. Core Scientific talks about potential bankruptcy, highlighting that cash resources will be depleted by the end of the year. The below is an excerpt from a…
The bitcoin mining industry is under pressure as hash price reaches new lows, hash rate hits new all-time highs and the difficulty adjustment keeps going up. The below is an…
Everyone is waiting for the next big breakout or breakdown before allocating again. Compressed historical volatility tells us that it’s right around the corner. The below is an excerpt from…
One of the most important factors in the market is liquidity. The global reduction in liquidity has sent asset classes to new lows and destroys wealth. The below is an…
September’s CPI release comes in hot and sparks one of the most volatile days we’ve seen yet. The BM Pro team’s thoughts on where a bitcoin low price could be.…
Markets await the highly anticipated September consumer price index data release. A higher CPI could easily take yields higher and risk assets lower. The below is an excerpt from a…
Central banks are trying to keep yields from exploding higher while they hike rates to fight inflation. Who will step in to buy bonds in current conditions? The below is…
Bitcoin’s hash rate has endured a series of significant price drawdowns only to emerge stronger than ever. We look at potential implications for bitcoin miners. The below is an excerpt…