About
Information is our nourishment. Say hello to the data gods.
Meet Our Team
Consumers speak. We listen, analyze, and dig deep. You win!
Learn More
Solutions
Get targeted insights into industry trends with our quarterly sector reports, so you can predict the future and stay a step ahead.
Learn More
Receive alerts and reports to power your fund management. Partner with our team of analysts to take your research to the next level.
Learn More
Plug our consumer-demand-data directly into your client-facing software, tools, and platform or work with us to create custom, high-value content your customers will love.
Learn More
Testing our data is like jumping in a time machine to compare market gains and losses against reliable and annotated historical data.
Learn More
Track specific tickers, receive alerts, and watch sector-specific trends. Drill down on individual stocks and see where consumer sentiment aligned with gains and losses in trading.
Learn More
Who We Serve
LikeFolio is your real-time focus group keeping you connected to consumers and giving you a critical edge over your competition.
Learn More
LikeFolio is your research secret weapon to sniff out game-changing shifts in the market before they happen.
Learn More
LikeFolio is source of quantitative data based upon real consumer insights to power your investment engine.
Learn More
LikeFolio is your content pipeline positioning your tool as an indispensable resource to your customers.
Learn More
LikeFolio has partnered with Tradesmith to build Derby City Insights and bring our powerful insights engine to private investors.
Learn More

Bitcoin is Flirting with $50K ($BTC)

Bitcoin is Flirting with $50K ($BTC)

Etherum ($ETH) is pushing to new all-time highs. However, Bitcoin ($BTC) maintains a commanding lead in terms of market cap and sway over the crypto market.
The $50,000 price level provided strong resistance last week, but now Bitcoin is fast approaching another test of that level. Although recent price action suggests some similarities to the 2017-2018 bull cycle, a chart plotting Bitcoin's Purchase Intent Mentions against the price reveals immense relative strength in 2021.

It’s been a little over 4 months since BTC reached it’s 2021 ATH ~$63,000.  And, its near-term outperformance vs the prior bull cycle can be quantified:

  • Since the 2021 ATH price, BTC Demand has risen +1% on a 90-day moving average -- BTC Demand had already declined -37% in the 4 months following the 2017 high.
  • In 2021, BTC's price fell roughly -53% from the ATH, and has since bounced more than +66% from those lows -- In 2017, BTC sold off by -66% from the ATH, with a max gain of +49% in the resulting bounce.

Bitcoin is still showing strength, and a clean break above $50,000 would be a bullish indicator for the entire crypto market.

Related Posts

Is Crypto Entering The Slope Of Enlightenment?

“You know it's time to sell when shoeshine boys give […]

Read More
Consumers react to PayPal's Crypto announcement

PayPal (PYPL) Last week we touched on a huge crypto […]

Read More
PayPal, Square cashing in on crypto interest

PayPal (PYPL), Square (SQ) Consumer mentions of investing in cryptocurrency […]

Read More
1 2 3 13

Related Posts

KEEP YOUR COMPETITIVE EDGE

Get FREE insights in your inbox every week with the Daily Drop.

About LikeFolio

LikeFolio analyzes social media data to accurately predict shifts in consumer behavior. We sell data and insights to professional investors, corporate research teams, and software providers.

Partner Sites

©2022 LikeFolio. All Rights Reserved.
Privacy Policy
|
Terms of Use
LikeFolio userslaptop-phonepie-chartchart-barsselect