Stormrake

Stormrake

Blog by Stormrake

Bitcoin is Back!! (above 60k)
Crypto markets have bounced ahead of the upcoming FOMC meeting...
19 Sep 2024 01:09 PM - Comment(s)
This Cryptocurrency has outperformed 99% of the top 100.
FTM is green amongst a sea of red... Why?
17 Sep 2024 11:15 AM - Comment(s)
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 Sep 2024 12:08 PM - Comment(s)
A Healthy Pull Back for a Bullish Structure
Overnight we saw Bitcoin retest key support levels and stay above it, maintaining the bullish structure.
10 Aug 2024 12:11 PM - Comment(s)
A 291 Day First for Bitcoin
Finally, after a tough week for markets, Bitcoin and the rest of the Crypto industry have begun to show some major promise.
09 Aug 2024 01:29 PM - Comment(s)
The Currency Trade That Crashed Global Markets
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.

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08 Aug 2024 02:50 PM - Comment(s)
We got the inevitable; what’s next for a Doveish FED and Bitcoin in 2025?
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 Aug 2024 11:07 AM - Comment(s)
The Spot Ethereum ETF is Here as is Mt Gox’s Repayments
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 Jul 2024 07:09 PM - Comment(s)
Are We Back?
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 Jul 2024 05:58 PM - Comment(s)
Cryptocurrencies premature reaction to positive inflation data
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 Jun 2024 05:09 PM - Comment(s)
The Rake Review: May 2024

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 May 2024 03:04 PM - Comment(s)

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