BitBull Capital in the News

BitBull’s proprietary research and thought leadership provide
insight into crypto asset investments

Featured Press

Joe DiPasquale, CEO of Bitbull Capital, shares thoughts with Jill Malandrino on the recent market volatility — and how hedge funds profit from it — on NASDAQ trade talks.

Joe DiPasquale discusses factors that influenced the price drop in Bitcoin and crypto in general on Bloomberg.

All About Bitcoin” and BitBull Capital CEO, Joe DiPasquale provides his analysis on the reasons behind bitcoin price flash crash and shares bitcoin outlook.

Bitcoin passes $10K as Fed considers US Digital Currency

Recent Press

Forbes

BitBull Capital Launches Two New Innovative Crypto Hedge Funds

January 26, 2022

“With the pace at which crypto has evolved, accredited and institutional investors continue to seek exposure to diverse opportunities in the space, ranging from gaming/metaverse projects to yield-generating activities in the DeFi sphere,” said Joe DiPasquale, CEO of BitBull Capital. “Our new funds are designed to meet these needs.”

Forbes

Bitcoin and Ether Prices Dip Further Liquidating More than $1.5B over Weekend

January 24, 2022

“The market is holding its breath as investors look to the opening of the Asian markets for a sign of what equities will do this week,” Joe DiPasquale, the CEO of crypto fund BitBull Capital told CoinDesk. “If Asian markets open strong, we can expect demand for crypto to go up, and even more so if the U.S. markets have a strong Monday.

Forbes

Crypto Hedge Funds Soar as Investors Slowly Dip In

January 19, 2022

There has been an important shift from skepticism and fear around the space to expectations from investors that their managers have evaluated the cryptocurrency space and have a plan, said Joe DiPasquale, founder and CEO of BitBull Capital, a cryptocurrency hedge fund of funds that also runs two direct hedge funds.

“I think there is this slight switching into crypto for institutions, understanding it’s an exposure not found elsewhere, so there’s a case for a small portion for institutions in portfolios,” he said.

It’s a big shift compared to several years ago. Hedge fund managers are now even facing questions from investors, including “why aren’t you doing anything” in the cryptocurrency market, DiPasquale added.

Forbes

First Mover Asia: Bitcoin Continues Its Sluggishness Amid Darkening Economic Signs

January 17, 2022

The weekend saw Bitcoin in a choppy zone with no clear trend,” BitBull Capital CEO Joe DiPasquale told CoinDesk. “Volumes have also been lacking and Bitcoin’s failure to cross $45,000 is a sign of its inherent weakness. When Bitcoin experiences a sharp drop, investors and traders are looking for aggressive buying to confirm a bottom and reversal; however, we haven’t seen much of that since Bitcoin dropped below $40,000 briefly.”

Bloomberg logo

Bitcoin Faces a Year-End Technical Test After Its December Swoon

December 30, 2021

Joe DiPasquale, CEO of BitBull Capital, agrees that prices can recover soon and that 2022 is likely to be a positive year for Bitcoin.

“We can expect relief moving into the new year and a possible recovery drive,” he said. “It would be surprising if we see a bear market like 2018 — $100,000 is definitely on the charts, but the timing can vary, especially as macro economic policy shifts and regulations start to emerge in the year.”

in the news logo cnbc

What Federal Reserve's hawkish tilt means for Bitcoin

December 18, 2021

“On one hand, tightened monetary policy may lead to the less rapid growth of Bitcoin demand, as many use it to hedge against inflation, and less QE, in theory, means less inflation,” Joe DiPasquale of crypto hedge fund BitBull told CoinDesk. QE, or qualitative easing, is a monetary policy tool in which central banks buy long-term securities to increase..

Forbes

Crypto Hedge Fund Outperforms Bitcoin By 100% in 2021 to Date

December 16, 2021

“BitBull Capital’s BitBull Fund, offering accredited investors exposure to diversified, actively-managed investment strategies in blockchain 

Forbes

Bitcoin Reached A 7-Week Low Today—Here's What Traders Should Know

November 28, 2021

“Beginning Friday, Bitcoin began testing the support at about $53K,” said Joe DiPasquale, CEO of cryptocurrency hedge fund manager BitBull Capital. “Each time it fell to that level, it bounced higher, signaling strong support there,” he added.

“Today’s dip to just over $53K led it to bounce” back to a higher price, added DiPasquale.

“This signals that we have strong purchasing interest at that level. When repeated support this happens, it is evidence of demand at that level and a bullish signal that the asset will appreciate from there.”

Forbes

Is Bitcoin Headed For Significant Volatility In The Coming Months?

September 29, 2021

Joe DiPasquale, CEO of cryptocurrency hedge fund manager BitBull Capital, also spoke to the TEM, stating that:

“The projection here isn’t surprising given Bitcoin’s historic performance in October and November.”

Forbes

What Can We Learn From Today's Crypto Market Crash?

September 20, 2021

Joe DiPasquale, CEO of cryptocurrency hedge fund manager BitBull Capital, spoke to this matter, stating that “initially the narrative focused on crypto being an alternative investment.”

Forbes

Top Cryptocurrencies See Red After Bitcoin Suffers Flash Crash

September 8, 2021

today’s BTC crash was a result of significant selling with high volumes.”, Joe DiPasquale, CEO of cryptocurrency hedge fund manager BitBull Capital,

Forbes

Bitcoin Braced For A 3.3 Million-Strong Global Earthquake This Week As The Price Of Ethereum, Cardano, BNB, XRP, Solana And Dogecoin Soar

September 6, 2021

“Bitcoin hasn’t looked back since it found buyers at $30,000 and has managed to recover relatively quickly, allaying concerns around a prolonged bear market,”” Joe DiPasquale the chief executive of bitcoin-focused hedgefund BitBull Capital, wrote in emailed comments.

newsbt

Cryptocurrency : Ethereum at $ 20,000? Factors behind the bold call

June 18, 2021

“Citing the updates that are taking place on the network, Sarah Bergstrand, BitBull’s chief operating officer, gave a price prediction of $ 100,000 per ETH by the end of 2025. An astonishing forecast.”

coindesko

Crypto Corner Podcast 609

June 11, 2021

“BitBull Capital’s Joe DiPasquale Comments on El Salvador BTC Adoption, Riot Blockchain Reports May Updates, and Graph Blockchain Completes Acquisition of Beyond the Moon, Inc.”

coindesko

El Salvador and Bullish Indicators for Bitcoin

June 10, 2021

“Will it start a new trend where world governments will want to consider Bitcoin more seriously? Paraguay, another country considering BTC adoption may agree, but it is too soon to make such an assessment. What it will do, however, is give Bitcoin a testing ground to perform as a legally acceptable monetary medium for settling debts.”

coindesko

El Salvador and Bullish Indicators for Bitcoin

June 10, 2021

“Will it start a new trend where world governments will want to consider Bitcoin more seriously? Paraguay, another country considering BTC adoption may agree, but it is too soon to make such an assessment. What it will do, however, is give Bitcoin a testing ground to perform as a legally acceptable monetary medium for settling debts.”

coindesko

Bitcoin, Ether Bounce After Disastrous Week for Crypto Market

May 25, 2021

“Historically, such news from China (regarding mining and trading bans) have resulted in major drops for BTC, and this time is no different,” Joe DiPasquale, CEO of BitBull Capital, said. “However, like the previous instances, BTC does recover, and the latest news isn’t reflecting any new developments per se.”

coindesko

Bitcoin, Ether Now Down 50% From Last Month’s ATH as Rout Resumes

May 23, 2021

“New investors to crypto, attracted by the massive gains in the space earlier in the year, are now unnerved by a price graph that isn’t constantly moving up and to the right, according to Joe DePasquale, CEO of BitBull Capital.

 

Crypto Price Crash: Fear Sends Bitcoin Under $40,000 As Ethereum, Binance’s BNB, Cardano And Dogecoin Suddenly Collapse

May 19, 2021

Bitcoin’s pattern over the last 10 years has been meteoric rises followed by pull-backs,” Joe DiPasquale, the chief executive of bitcoin and crypto hedge fund BitBull Capital, said via email.

yahoologo

Bitcoin lost 30% of its value in one day!

May 19, 2021

“Joe DiPasquale, CEO and founder of the BitBull investment fund, commented that this is normal volatility for Bitcoin. The businessman pointed out that the cryptocurrency is experiencing “a period of natural consolidation that we consider necessary for the support lines to be formed for a future appreciation,” he told the CoinDesk portal…….

yahoologo

Cryptocurrency carnage: Billions wiped off market as Musk says Tesla has 'diamond hands'

May 19, 2021

“Bitcoin’s pattern over the last 10 years has been meteoric rises followed by pull-backs,”” said Joe DiPasquale, chief executive of BitBull Capital. “”The trends has been higher highs and higher lows: one year ago today, bitcoin closed at $9,927 while it now sits at about $39K……

bitcoin

Thirty-five experts have come together to predict the price of ethereum. On average, they expect the price of ether to hit $19,842 by 2025. The majority of panelists say now is the time to buy ethereum while 28% say to hodl.

May 12, 2021

The highest forecast came from Bitbull Capital COO Sarah Bergstrand who believes that the price of ether would be $100,000 by 2025. “We are likely to see major upgrades to the Ethereum network this year, and those can be expected to push the price higher,” she explained.

BITCOIN PRICE HEADING TOWARDS $250,000, PREDICTS SENIOR HEDGE FUND EXECUTIVE

May 11, 2021 “While bitcoin remains bullish, any stark price appreciation in a short period of time can neither be sustainable nor healthy,” said Sarah Bergstrand, chief operating officer of cryptocurrency investment platform BitBull Capital.”

Ethereum Classic (ETC) price extended its correction from recent highs. Here are the next goals

May 11, 2021 “The price has risen partly due to speculation following Ethereum’s massive rally and partly because market participants are speculating that ETC will have more relevance after the ETH 2.0 update….

EOS Rallies More Than 50% To Reach Highest In Almost 3 Years

May 11, 2021

“The announcement is resulting in speculation on the price, but EOS had been in an uptrend for a while now, notably since the start of April,” he noted.

Ether Classic Has Climbed More Than 300% In The Last Week—Here's Why

May 7, 2021

On the other hand, ether classic’s price is being driven higher by a handful of bullish factors, according to Joe DiPasquale, CEO of cryptocurrency hedge fund manager BitBull Capital…..

yahoologo

Dogecoin and ethereum climb to record-highs as institutional interest ramps up

May 4, 2021

“””Even though ETH’s price is touching highs unseen before, we can assess its potential for appreciation by looking at the ETH/BTC pair, which is still trading well below its all-time-high over 0.15 BTC,”” said Joe DiPasquale, CEO of cryptocurrency hedge fund BitBull Capital.

Bitcoin And Other Cryptocurrencies Are Fueling Innovation In Space

February 25, 2021

From Elon Musk to Jeff Bezos, space itself has been the next frontier for private-public innovation…

First Mover: Elon Musk’s #bitcoin Bet Pays Off With $270M Gain on First Day

February 4, 2021

It will now become increasingly common for company treasuries to have an allocation to bitcoin…

nasdaq-logo

Blockchain Bites: MicroStrategy’s Macro Strategy for Bitcoin Treasuries

February 3, 2021

This conference could drive interest in bitcoin further, and even if that does not translate to immediate price gains it will definitely have a positive, long-term effect…

After Massive Bitcoin Price Boom, Here’s Why February Could Be Very Big For Bitcoin

January 24, 2021

There is a possibility that the hype around the MicroStrategy conference could boost retail sentiments and drive some retail buying…

nasdaq-logo

First Mover: It Might Be Getting ‘Silly’ as Bitcoin Passes $39K, $40K, $41K

January 8, 2021

What causes this is that people can use lots of leverage, so they can easily get washed out.” He sees a correction as possible…

nasdaq-logo

Why Is Bitcoin Going Up, and Will It Crash Soon? What’s Next as Price Doubles to $40K

January 7, 2021

Bitcoin “has been and remains extremely volatile,” said Joe DiPasquale, CEO, BitBull Capital, a cryptocurrency-focused hedge fund…

Is Bitcoin Building Support Above $18,000?

December 8, 2020

We are also witnessing an ascending triangle pattern on the chart, and a breakout above $20,000 this month is a possibility…

Inflation games: Bitcoin competes with fiat on value but lacks volume

November 14, 2020

It is very likely [that Bitcoin reaches a new all-time high] since Bitcoin has now crossed $16,000, which was a key resistance level…

Bitcoin Struggles Near $14,000 As Election Uncertainty Continues

November 4, 2020

$14,000 as “a major resistance” and emphasizing that it is “a key level for Bitcoin to breach and flip before it can target $20K…

Bitcoin Poised For Gains After Recent Pullback

November 2, 2020

Bitcoin’s move between $12,000 and $14,000 was not sustainable since the market hadn’t quite tested the support at $13,000…

Expert Take: Square Buys $50 Million Worth Of Bitcoin

October 8, 2020

This purchase by Square bodes well for Bitcoin and the crypto space. We recently saw other market participants also accumulate Bitcoin…

Is Bitcoin Facing Strong Resistance At $10,500?

September 11, 2020

If it continues like this without dropping below $10K we may see a retest of $11K in the coming days…

First Mover: Collapsing Bitcoin Futures Premium Offers Glimpse of New Digital Money Market

August 20, 2020

The corrective moves we witnessed are necessary for the market to cool down and catch a breath…

Bitcoin Flirts With $10,000 As Crypto Extends Gains

May 7, 2020

The $10,000 price provides major psychological resistance…

Decrypt Logo

Bitcoin price rally: What the experts are saying

April 30, 2020

In the long term, reward halving is a bullish development, especially as fiat currencies around the world are experiencing inflation, and Bitcoin’s supply reduction results in deflation…

Bitcoin Prices Surge As 'Perfect Storm' Drives Gains

April 30, 2020

We saw BTC’s price finding support at the 50-day moving average for the last three days, which gave it the confidence needed to breach the resistance at $7,300…

Bitcoin Stuck In Bearish Trend As The New Month Begins

April 1, 2020

The digital asset’s most recent losses were technical in nature as it attempted to consolidate above $6,000.

Bitcoin’s ‘safe-haven narrative can’t be judged on its 1-2 week movement’

March 17, 2020

Bitcoin is positioned well to be a safe-haven asset.

Bitcoin loses half of its value in two-day plunge

March 13, 2020

Bitcoin’s recent price action is primarily a result of the corona virus outbreak affecting global markets and driving investors towards the safety of cash. With this sharp decline, Bitcoin’s potential as a safe-haven asset is being questioned, but we believe it is too early to seek any correlations between Bitcoin and other asset classes.

Bitcoin Lost Roughly 50% Of Its Value In A Day

March 12, 2020

As Asia woke up to the market crash, it helped drive prices down further.

Bitcoin Plummets Nearly 30% In A Matter Of Hours

March 12, 2020

Bitcoin is currently trading in a very strong support zone between $5,600 and $6,200 and is likely to bounce back from here. The coming week will be crucial in establishing a floor for this recent drop. If Bitcoin closes below $5,500, then $5,000 would be tested very quickly. The upside, on the other hand, remains limited to $6,500 and $7,000 for now.

Coronavirus Fears Fueled Bitcoin Losses In February

March 12, 2020

While the digital asset had been performing well this year, a growing number of coronavirus cases helped push it into the red.

Is Bitcoin Really A Safe-Haven Asset?

March 09, 2020

Bitcoin is positioned very well to be a safe-haven asset. Crypto’s correlations are very dynamic as of now, shifting from equities to gold, depending on the prevalent situation. The recent crypto sell-off, in tandem with global equities, merely represents a general risk aversion going into a possible economic crunch, and does not necessarily invalidate Bitcoin’s safe-haven status.

Bitcoin Faces Strong Resistance After Recent Rally

March 05, 2020

Moving forward, Bitcoin will need to face the 50-day moving average, which is acting as a resistance level at $9,300. Only after breaching this resistance and then re-testing it for support can Bitcoin set the foundation to tackle $9,500, $9,800 and then $10,000.

As Fed Contemplates Coronavirus-Prompted Easing, Bitcoin Traders Bet on Halving

February 29, 2020

We see a lot of these global actions having some impact on bitcoin, but there’s also things that are happening in the bitcoin network, and that could have a larger impact than the Fed cutting interest rates. I’m still bullish for bitcoin for the year, and a major reason is the halving.

What's Next For Bitcoin After Its Recent Drop?

February 20, 2020

On the bright side, the $9,500 level is providing decent support for now, and the $9,000 price point is becoming a stronger foundation every day it is not breached. Moving forward, we can expect the price to fluctuate between $9,500 and $10,000, with a drop to $9,000 being the worst-case scenario.

XRP Reaches Latest 2020 High As Bullish Trend Continues

February 13, 2020

XRP has surged significantly since its lowest point in December last year. Most of these gains can be attributed to the overall market sentiment turning positive and Bitcoin steadily rising in price from under $6,500 on December 18 to over $10,000 today.

Bitcoin Spikes To Fresh 2020 High

February 11, 2020

This price action is technical in nature. Bitcoin price was testing support after crossing $10,000, and found it around $9,800, after which it once again attempted and successfully crossed $10,000 today.

Is The Bitcoin Market Becoming More Stable?

February 11, 2020

Over the years, the market has become more stable due to increased liquidity, varied global participation, regulatory developments and institutional involvement.

What's Next For Bitcoin After Its Drop Below $10,000?

February 10, 2020

By Joe DiPasquale – “The recent rally had also entered into the overbought zone, exhausting bulls and resulting in the current decline. We can expect some consolidation in the current range before technical indicators cool down and Bitcoin makes another move above $10,000”

Is Bitcoin Struggling To Reach $10,000?

February 8, 2020

By Joe DiPasquale – “Bitcoin is currently in a resistance zone. The price has been trading roughly between $9,500 and $9,800” he noted, adding that $9,800 is “a resistance level Bitcoin needs to conclusively cross.”

How sustainable is Bitcoin’s latest bull run?

February 8, 2020

[Video] “Sam Bankman-Fried and Joe DiPasquale discuss Bitcoin’s latest price movements, its potential to be a better store of value than the USD, and more.”

Bitcoin Prices Rise To Highest Since October

February 5, 2020

By Joe DiPasquale – “Bitcoin has surpassed $9,500 and is trading above $9,700. However, the resistance range still holds ($9,500 marked the start of the zone and it ends around $9,850). If today’s candle closes well above $9,500, then we can start considering $9,500 as a weak support.”

Top 5 Crypto Regulatory Developments Of 2019

January 27, 2020

By Joe DiPasquale – “A Bitcoin ETF is unlikely to be approved in the near future unless stakeholders can prove that price discovery is organic and authentic, and that would require increased SEC involvement with the top crypto exchanges involved in Bitcoin’s price formation.”

Bitcoin Recovers After Falling To Lowest Since May

December 18, 2019

By Joe DiPasquale – “Bitcoin fell as low as $6,430 before a quick bounce-back took it all the way to $7,210, where it faced resistance and triggered selling. From here, the price recovery is expected to lose steam, with the first resistance at $7,500 and a bigger one at $8,000.”

XRP Falls To Lowest Since 2017 As Crypto Markets See Red

December 17, 2019

By Joe DiPasquale – “XRP has been historically very sensitive to adoption-related news pertaining to banking and money services partners, since they represent the biggest clientele for Ripple’s services. In light of this, the statement from MoneyGram has dealt a big blow to XRP’s already weak position, especially since it was believed Ripple and MoneyGram would have a closer relationship due to the former’s investment in the latter. Now, with Bitcoin’s price also experiencing downward pressure, we expect XRP to slide further due to this news.”

Is Bitcoin Oversold After Its Latest Drop?

December 16, 2019

By Joe DiPasquale – “Bitcoin is currently approaching the oversold threshold. At the moment it is being held up by a very weak support, around $6,800, which was briefly tested the last time on May 12 and 13, 2019. Downward pressure continues to mount as both, the 150-day and 50-day moving averages have declined, from $9,500 and $8,360, on December 1, to $9,125 and $8,069 today.”

Blockchain Investment Opportunities for HNW Clients

December 10, 2019

By Eric Jansen – “Bitbull offers a fund-of-funds approach that invests in 10 other crypto hedge funds using strategies ranging from pre-ICO (initial coin offering) to arbitrage.”

Bitcoin Declines In November As Chinese Euphoria Fades

December 9, 2019

By Joe DiPasquale – “With thinning volumes and negative market sentiment, Bitcoin is likely to trade sideways and even drop down to $6k before attempting a bigger recovery. The volumes indicate participants are on the sidelines and do not expect the price to take a definitive direction in the short term.”

Bitcoin’s Surge This Morning Shows Market's Vulnerability

December 4, 2019

By Joe DiPasquale – “Bitcoin prices will fluctuate “based on technical factors [and will keep] bouncing from oversold zones and being declined at resistance levels, which are currently at $7,500 and $8,000.”

Bitcoin Trades Range-Bound As Investors Wait And See

December 3, 2019

By Joe DiPasquale – “Bitcoin is in a general downward trend with temporary technical bounces from oversold price points. The upcoming holiday season may also result in thinning volumes, adding further pressure on the price. Meanwhile, investors have adopted a wait and watch approach to see if any market catalysts help conclusively drive the market in a particular direction.”

Bitcoin Price Prediction: BTC/USD next rendezvous could be $6,000

December 3, 2019

By Joe DiPasquale – “If the current support at $7,500 is breached conclusively, the next stop would be $6,000. The maximum upside, meanwhile, is limited to $9,500. A break down is more likely than a break upward, however, due to low volumes, repeated new lows, and low sentiment.”

$6,000 Might be Bitcoin (BTC) Price’s Next Stop, Fund’s Analysis Suggests

December 3, 2019

By Joe DiPasquale – “If the current support at $7,500 is breached conclusively, the next stop would be $6,000. The maximum upside, meanwhile, is limited to $9,500. A break down is more likely than a break upward, however, due to low volumes, repeated new lows, and low sentiment.”

Is Technical Analysis Prophetic or Preposterous? We Asked 7 Crypto Traders

December 2, 2019

By Joe DiPasquale – “The recent surge at the end of October, due to the Chinese media hype, is a good example of an unsustainable speculation-driven move that has now returned to our previously indicated support around $8,100. echnical analysis is what led us to believe that the high reached after Chinese President Xi Jinping spoke was ephemeral and would retrace back to just above $8,000.”

US Lawmakers Want to Brand Libra a Security, Association Disagrees

December 1, 2019

By Joe DiPasquale – “Stable coins being classified as securities in the U.S. could hurt Libra’s operation in the country. Classifying Libra as a security would limit the flexibility of the project’s operation in the U.S.”

Bitcoin Prices Fall To Their Lowest Since May

November 24, 2019

By Joe DiPasquale – “Bitcoin’s price remains under pressure, especially as the China-hype-driven speculative surge unraveled. Moreover, the recent China-Binance FUD also dampened market sentiments considerably.”

Market Update: Cryptos Shed Billions in Rapid Sell-Off

November 22, 2019

By Joe DiPasquale – “This price drop is a technical move; this is where the price was before the news of China’s support of blockchain, which is not crypto. So, the price of [BTC] is simply returning to normal. However, more downside cannot be ruled out, since the recent drop has turned sentiments to negative.”

Bitcoin’s Slide Accelerates After Key Technical Level Breached

November 21, 2019

By Joe DiPasquale – “This price drop is a technical move; this is where the price was before the news of China’s support of blockchain, which is not crypto.So, the price of Bitcoin is simply returning to normal. However, more downside cannot be ruled out, since the recent drop has turned sentiments to negative.”

Bitcoin Tumbles 4.7%, Most in Two Months, as China-Fueled Enthusiasm Wanes

November 18, 2019

By Joe DiPasquale – “We expect for there to be some investors taking profit after these big newsworthy spikes,there haven’t been enough developments since then to create additional enthusiasm among traders and investors. Bitcoin had traded for several weeks in a range between $9,100 and $9,600, so a recent move below that level may have spurred some traders to sell, exacerbating the price drop. Trading volumes also have been unusually low recently,”

Is Bitcoin Stuck In A Bearish Trend?

November 15, 2019

By Joe DiPasquale – Bitcoin is trading below the 50-day moving average of $8,600, which was acting as support throughout last week. We can expect the price to find temporary relief around $8,400 and $8,200. However, a drop to $8,000 is a real possibility.

Bitcoin Prices Surged Close To 4% In Under 10 Minutes

November 10, 2019

By Joe DiPasquale – The current move is a technical recovery. We mentioned previously that we expect the 50-day moving average to continue acting as support, and that has allowed the price to recover temporarily. However, the 200-day moving average is still a strong resistance at $9,200 and Bitcoin needs to surpass that level with good volumes to put $10,000 on the radar – failing to do so would keep the possibility of a return to $8,000 alive.

Bitcoin Struggles To Recover After 6% Drop

November 8, 2019

By Joe DiPasquale – Bitcoin was overbought after the late October surge. Following this sharp rally, bitcoin “consolidated for a bit before breaking downward.

Bitcoin Defies Death Cross, Surging Close To 20%

October 25, 2019

By Joe DiPasquale – China’s endorsement of blockchain technology helped Bitcoin recover, and along the way, a short squeeze helped push prices even higher. The death cross has, for now, been averted, since the 50-day and 200-day moving averages have not yet crossed. That being said, Bitcoin still needs to cross $9,000 to get out of the danger zone.

BITCOIN HASH RATE APPROACHING 120,000,000 TH/S AMID MARKET CRASH

October 24, 2019

By Joe DiPasquale – Smart money sold out in advance of today’s [Libra] hearings. Investors appear to have taken a cautious approach ahead of the hearing by limiting their exposure to crypto. We believe the price of BTC will remain under pressure for at least the next 24 hours, if not through Monday.

Is Bitcoin Poised For Further Losses After Its Recent Drop?

October 24, 2019

By Joe DiPasquale – Bitcoin’s technical analysis indicates a death cross is near. The last time these averages converged was a golden cross (the 50-day average rose above the 200-day average), the opposite of a death cross, and happened near the end of April this year, when Bitcoin was around $5,000. Bitcoin subsequently rose to over $8,000 without any major correction.

Bitcoin Plummets To Lowest Since May As Libra Steals Headlines

October 23, 2019

 

By Joe DiPasquale – This morning’s move was very similar to the September drop, with many longs liquidated and overly optimistic crypto investors getting caught holding the bag.

Market Outlook: Crypto Prices Hold Steady but Face a Crucial Turning Point

October 20, 2019

 

By Joe DiPasquale – Bitcoin’s recent price drop is a result of technical and fundamental factors, including a breakdown of the consolidation range, Bakkt’s tame launch of futures, and a sudden network hash rate drop.

How Low Will Bitcoin Fall? | Eric Krown vs. Joe DiPasquale

October 18, 2019

Joe DiPasquale, CEO of BitBull Capital, and Erik Crown, prominent trader, debate bearish Bitcoin market trends, TON’s launch, and much more.

Litecoin Prices Fell Last Month As Profit Taking Drove Losses

October 17, 2019

 

By Joe DiPasquale – After a meteoric rise in value this year, Litcoin has been consolidating in recent months due to profit-taking and the generally poor performance of crypto assets since July.

Bitcoin And Ethereum Suddenly Soar Despite SEC Blow

October 10, 2019

 

By Joe DiPasquale – The hopeful comments from Bitwise Asset Management regarding its Bitcoin ETF application have bulls enthused.

WATCH: What Drove Bitcoin’s Price Gains Today? We Explore the Pop

October 9, 2019

 

Joe DiPasquale, CEO of the cryptocurrency hedge-fund firm BitBull Capital in San Francisco, discusses the day’s price jump and gives his views on the market outlook.

Bitcoin Jumps to 3-Week High Near $8,600 as Fed Plans New Round of Reserve Increases

October 9, 2019

 

By Joe DiPasquale – We know that [when the Federal Reserve loosens monetary policy] it has historically helped bitcoin.

What Is Driving The Broad-Based Crypto Rally?

October 9, 2019

 

By Joe DiPasquale – “Binance Coin is reporting the biggest gains. But we don’t believe it is responsible for the recent surge, which is largely a result of Bitcoin rising.”
 

Bitcoin Broke Free From Its Malaise In September

October 7, 2019

By Joe DiPasquale – “The extremely low volume of Bakkt scared crypto holders.”

Litecoin’s symmetrical triangle could pull back price in short term

September 26, 2019

By Joe DiPasquale – “Litecoin has been under pressure since the halving of the block reward failed to boost the price and it was not helped by concerns surrounding funding for future development. The present price drop is simply the result of these fundamental issues and the fact that Litecoin closely follows Bitcoin (BTC).”

Bitcoin crashes 15% to below $8,000 for first time since June

September 24, 2019

By Joe DiPasquale – “Bakkt’s futures will gather traction in time and it is too early to judge the service based on initial volume. Ultimately, Bitcoin’s fundamentals remain strong and we expect the price to recover back towards $10,000 in the coming days.”

Bitcoin Just Suffered Its Worst Drop in 20 Months. Here’s Why.

September 24, 2019

By Joe DiPasquale –  “Bitcoin’s recent price drop is a result of technical and fundamental factors, including a breakdown of the consolidation range, Bakkt’s tame launch of futures, and a sudden network hash rate drop.”

CryptoKitties Maker Attracts Warner Music; Ripple Rival Stellar’s $124 Million Airdrop

September 15, 2019

By Joe DiPasquale – “It is not uncommon for crypto markets to react to global developments and news, but such moves are usually short-lived and loosely correlated.”

Bitcoin’s Boring Again. Is $10,000 BTC’s Yawn-Worthy New Normal?

September 9, 2019

By Joe DiPasquale – “Only after the consolidation phase is complete and new catalysts drive the market forward will we see retail interest, fresh capital flows and higher valuations. Bitcoin’s fundamentals remain strong and the current price is not reflecting them, which bodes well for future valuations in my opinion.”

Bitcoin's Fundamentals Remain Strong As Markets Stagnate

September 9, 2019

By Joe DiPasquale –  “Only after the consolidation phase is complete and new catalysts drive the market forward will we see retail interest, fresh capital flows and higher valuations. Bitcoin’s fundamentals remain strong and the current price is not reflecting them, which bodes well for future valuations in my opinion.”

Bitcoin Volatility Falls To Lowest In 8 Weeks

August 26, 2019

By Joe DiPasquale –  “Bitcoin is in a consolidation phase after the late June rally which took it close to $14,000. Since then, the price is rangebound and trading volumes are low compared to the period between May – June. We attribute this to lack of retail investor participation and new money flow. Since Bitcoin has not definitively surpassed the $10,000 psychological barrier, we believe investors have adopted a wait and watch approach, as a breakdown below $10,000 can see the price plummet swiftly.”

Required reading for crypto investors

Sign up for our Blockchain and Crypto Investing Intelligence!

You have Successfully Subscribed!