Latest / Bitcoin News Digest Podcast
Deep Dive 4/14/2016
Executive Summary
The last 24 hours revealed a reversal in the Bitcoin market. Following a period of intense geopolitical anxiety, the market transitioned into a regime of speculative price discovery. This recovery was underpinned by three primary catalysts: the empirical “permeation” of the U.S. naval blockade in the Strait of Hormuz, a dovish pivot by the Bank of Japan (BOJ) that preserved the global yen carry trade, and the continued expansion of institutional financial infrastructure.
Bitcoin (BTC) successfully defended critical support near $70,534, eventually surging over 5% to a…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.