Bitstamp

Bitstamp Broker

GM kings and queens, in our previous post , we zoomed out to 13 years of Bitcoin trading at Bitstamp. In this post, we’ll shed light on the benefits of long-term charts and how and when to use them. Introduction The daily bar chart is the most commonly used tool for forecasting and trading. However, for a comprehensive trend analysis, it's important to...

Bitstamp Broker

GM Bitstampers, In this post, we're not going to deep dive into the recent price action. Instead, let's zoom out and take a moment to reflect on the incredible journey of 13 years of Bitcoin trading on Bitstamp! Since our launch in 2011, Bitstamp has witnessed Bitcoin's evolution from an innovative network to a globally recognized asset. Whether you've been with...

Bitstamp Broker

GM crypto bulls and bears, Bitcoin has been trading range bound for the last 5 months. Market participants seem eager for market to tip it's hand, as Bitcoin has visited both the range lows and range highs for several times. We have described basic concepts of ranges in our posts devoted to ranges and support and resistance. BTC/USD chart After deviating...

Bitstamp Broker

GM Bitstampers! In January 2024, we posted about the tailwinds and headwinds for Ethereum in the coming year. In this post, we'll focus on some of the factors that contributed to a +50% increase in price since the beginning of the year. The tailwinds we noted in January included the release of EIP-4844, the potential deflationary nature of Ethereum, and the...

Bitstamp Broker

GM market enthusiasts! In our previous post about Volume and Open Interest , we introduced the use of Volume and OI as confirming indicators. Today, we are going to discuss the relationship between trend, volume, OI, and the strength of the market, and apply the knowledge from both posts to the chart. How can Volume and OI help us understand the strength of...

Bitstamp Broker

GM Bitstampers! In this week's post, we'll dive into a multidimensional approach to market analysis, focusing on tracking the movement of three sets of figures: price, volume, and open interest. Volume and open interest are commonly referred to as secondary or confirming indicators. TL;DR: - Volume and open interest (OI) are considered secondary (confirming)...