Stormrake

Blog by Stormrake

ANOTHER ASSASSINATION ATTEMPT ON DONALD TRUMP

The second assassination attempt on Presidential Candidate Donald Trump in the past two months. Will this have the same bullish effect on markets?

16.09.24 02:08 AM - Comment(s)

A Healthy Pull Back for a Bullish Structure

By Stormrake

Overnight we saw Bitcoin retest key support levels and stay above it, maintaining the bullish structure.

10.08.24 02:11 AM - Comment(s)

A 291 Day First for Bitcoin

By Stormrake

Finally, after a tough week for markets, Bitcoin and the rest of the Crypto industry have begun to show some major promise.

09.08.24 03:29 AM - Comment(s)

The Currency Trade That Crashed Global Markets

By Stormrake

Our April edition of the Rake Review included an educational piece on the standoff between the US Dollar and the Japanese Yen. Months ago, the Yen was at 30 year highs of 160 with interest rates of 0%. As predicted, an intervention occurred as the Yen was beginning to reach an unsustainable level.

...

08.08.24 04:50 AM - Comment(s)

We got the inevitable; what’s next for a Doveish FED and Bitcoin in 2025?

By Stormrake

In last month’s article we wrote about Bitcoin being in a prolonged accumulation pattern, in which we expected to see more touches on both the bottom and top of its respective “Bull Flag” channels. Like clockwork, it turned out that our prudent approach of identifying opportunity in a “sea...

06.08.24 01:07 AM - Comment(s)

The Spot Ethereum ETF is Here as is Mt Gox’s Repayments

By Stormrake

Another big day for cryptocurrency as the Ethereum Spot ETF was launched and eclipsed $1 billion of volume in its first day of trading. However, the net inflows of the ETF was just over $1...

24.07.24 09:09 AM - Comment(s)

Are We Back?

By Stormrake

If someone asks what it feels like to be invested in crypto, show them the cover image. It's a perfect depiction of what being invested in cryptocurrency feels like.

Not too long ago the entire crypto market was in a state of despair with fear being extremely high and Bitcoin looking like i...

16.07.24 07:58 AM - Comment(s)

Cryptocurrencies premature reaction to positive inflation data

By Stormrake

An action packed night has drawn to a close with CPI numbers and the FOMC statement being released within hours of each other. Both bulls and bears fought gallantly, however, the bears came out on top.

A clearer image of the above chart can be found here (tradingview: https://www.tradingview.co...

14.06.24 07:09 AM - Comment(s)

The Rake Review: May 2024

By Stormrake

The ever changing crypto environment quickly moved on from the BTC halving and onto the highly anticipated Spot Ethereum ETF, which looks to be all but ready to go. As anticipated, Bitcoin experienced a somewhat slow and sideways month post halving. The month of May had seen the lowest volumes trade...

30.05.24 05:04 AM - Comment(s)

Stormrake

Stormrake

Blog by Stormrake

ANOTHER ASSASSINATION ATTEMPT ON DONALD TRUMP

A Healthy Pull Back for a Bullish Structure

A 291 Day First for Bitcoin

The Currency Trade That Crashed Global Markets

We got the inevitable; what’s next for a Doveish FED and Bitcoin in 2025?

The Spot Ethereum ETF is Here as is Mt Gox’s Repayments

Are We Back?

Cryptocurrencies premature reaction to positive inflation data

The Rake Review: May 2024

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