Opening Bell - Issue 2
Prepare for the week with key data points and trends in the digital asset marketplace.
We are excited to be sharing the second edition of the ‘Opening Bell’. Our new weekly report, curated in-house by our Research Team, provides valuable insights for the week ahead, highlighting emerging trends within the digital asset ecosystem and beyond.
This week we see some great insights as Bitcoin targets the $50k mark:
US ETFs have taken over 2x Bitcoin’s inflation since the start of trading, the monthly Relative Strength Index has a long-way to go should the cryptocurrency continue finding enthusiastic buyers rather than sellers.
Momentum is on Bitcoin’s side historically speaking, with a 64% chance of closing another week in the green after 10%+ moves as seen last week.