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The Taylor Report (6/8/21)
KEEPING SCORE; SO FAR BITCOIN IS RESPONSIBLE FOR CLIMATE POLLUTION,MONEY LAUNDERING, CRIME, RANSOMWARE, COLLAPSE OF FINANCIAL STABILITY, MARRIAGE/RELATIONSHIP PROBLEMS (OK, that's mine)....whatever.
The Taylor Report (6/1/21)
What's New? FUD (fear, uncertainty, doubt).............Stabilization over the Memorial Day long weekend.....End of Month (May) came and now it's June....BITCOIN had one of its worst months ever dropping +/- 35%..........ETH held pretty well, only off less than 10% for all of May
The Taylor Report (5/25/21)
Chaos......Confusion......Uncertainty. Countries, individuals and "never Bitcoiners" have all teamed up to drive (a/k/a manipulate) BITCOIN (and cryptos in general) down and have done a good job (so far).......BITCOIN touched $30K, ETH traded under $2K and other coins sank as well...........China verbally assaulting BITCOIN miners and traders (again)
The Taylor Report (5/18/21)
What's New? Glad you asked. LOTS & LOTS! First off, the BITCOIN, ETH and crypto market turned into the "Elon Musk Wheel of Non-Fortune Show"............BTC dropped 22%, ETH 17% and HODL's got blindsided..........GOLD perked up as money flowed out of Bitcoin...
The Taylor Report (5/11/21)
What's New? First.......I have moved both BITCOIN and GOLD back up to the BULLISH corner to join ETH. All are acting extraordinarily well and look ready to resume/build on existing upward momentum.
The Taylor Report (5/4/21)
The CME Group introduced micro BITCOIN futures Sunday evening (1/10 the size) and within one day (today is Tuesday) volume has already surpassed the BIG futures.......could be a lot of selling in the BIG futures and buying the micro futures(??)
The Taylor Report (4/27/21)
Be cautious. The SEC has a new Chairman (Gary Gensler) so expect new regulatory oversight........Should be good, and welcome, but the uncertainty is overhanging..........a BITCOIN ETF?....odds are good but what will be the "rules?"
The Taylor Report (4/22/21) UPDATE | Going Neutral on BTC & ETH
SO WHY THE “FLASH DIP” IN CRYPTO? BITCOIN FUTURES (CME) EXPIRE THIS FRIDAY (LAST FRIDAY OF EACH MONTH) AND THERE WERE LOTS OF LONGS AFTER THE COINBASE OFFERING.
The Taylor Report (4/13/21)
What's new? Lets start with one word.....COINBASE......the public offering of Coinbase happens on Wednesday. That's the BIG news of the week and certainly sets the tone for BITCOIN.
The Taylor Report (4/6/21)
What's new? The second quarter is now officially under way..........it has begun with a big yawn. Spring break? Tax planning?............BITCOIN dancing around in a tight little range just under the all time high