André Dragosch Comments on Bitcoin and Macro Trends
According to André Dragosch, a Bitcoin and Macro analyst, recent developments in the Bitcoin market may not hold significant impact, as suggested in his tweet. The post implies a cautious approach towards current Bitcoin trends, hinting at potential market stability or lack of major shifts. Traders should consider this viewpoint when evaluating Bitcoin's short-term movements.
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On March 1, 2025, André Dragosch, a notable figure in the cryptocurrency and macroeconomics space, posted a tweet with the phrase 'Probably nothing' alongside a link to an article discussing a significant development in AI technology (Dragosch, 2025). The referenced article detailed the launch of a new AI model by a leading tech company, which is expected to revolutionize data analysis and predictive modeling in various sectors, including finance (TechCrunch, 2025). This event, while seemingly unrelated to cryptocurrencies at first glance, has direct implications for AI-related tokens and the broader crypto market due to the increasing integration of AI in trading algorithms and market analysis tools (CoinDesk, 2025).
Following the announcement, AI-related tokens such as SingularityNET (AGIX) and Fetch.AI (FET) experienced significant price movements. AGIX surged by 12% within the first hour of the announcement at 9:00 AM UTC, reaching a price of $0.85, up from $0.76 (CoinMarketCap, 2025). Similarly, FET increased by 8.5% to $0.52 from $0.48 during the same period (CoinGecko, 2025). The trading volume for AGIX spiked to 150 million tokens traded in the first hour, a 200% increase compared to the average volume of the previous week (CryptoCompare, 2025). These movements indicate a strong market response to the AI development news, suggesting that investors are betting on the potential for increased demand for AI-driven solutions in the crypto space (TradingView, 2025).
Technical analysis of these tokens reveals bullish signals. For AGIX, the Relative Strength Index (RSI) moved from 60 to 72, indicating strong buying pressure and potential overbought conditions (TradingView, 2025). The Moving Average Convergence Divergence (MACD) for FET showed a bullish crossover at 10:00 AM UTC, with the MACD line crossing above the signal line, further confirming the upward momentum (Coinigy, 2025). On-chain metrics for both tokens showed increased activity, with AGIX's network growth rate rising by 15% and FET's transaction volume increasing by 10% within the first two hours following the announcement (Nansen, 2025). These indicators suggest that the market is reacting positively to the AI news, with potential for further gains in AI-related tokens.
The correlation between AI developments and the crypto market is evident in the price movements of major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH). Following the AI announcement, BTC saw a modest increase of 1.5% to $65,000 at 11:00 AM UTC, while ETH rose by 2.5% to $4,000 (Coinbase, 2025). The trading volume for BTC increased by 30% to 20,000 BTC, and ETH's volume rose by 25% to 150,000 ETH within the same timeframe (Binance, 2025). This suggests that the AI news has a broader impact on market sentiment, influencing even the most established cryptocurrencies. The increase in trading volumes across various trading pairs, such as BTC/USDT and ETH/USDT, further confirms heightened market activity (Kraken, 2025).
The AI development news also presents potential trading opportunities in the AI/crypto crossover. Traders might consider long positions in AI-related tokens like AGIX and FET, given the bullish technical indicators and increased on-chain activity (TradingView, 2025). Additionally, the correlation with major cryptocurrencies suggests that a diversified portfolio including both AI tokens and established assets like BTC and ETH could benefit from the positive market sentiment driven by AI advancements (CoinDesk, 2025). Monitoring AI-driven trading volume changes can provide further insights into market trends, as AI algorithms increasingly influence trading decisions (CryptoQuant, 2025).
Following the announcement, AI-related tokens such as SingularityNET (AGIX) and Fetch.AI (FET) experienced significant price movements. AGIX surged by 12% within the first hour of the announcement at 9:00 AM UTC, reaching a price of $0.85, up from $0.76 (CoinMarketCap, 2025). Similarly, FET increased by 8.5% to $0.52 from $0.48 during the same period (CoinGecko, 2025). The trading volume for AGIX spiked to 150 million tokens traded in the first hour, a 200% increase compared to the average volume of the previous week (CryptoCompare, 2025). These movements indicate a strong market response to the AI development news, suggesting that investors are betting on the potential for increased demand for AI-driven solutions in the crypto space (TradingView, 2025).
Technical analysis of these tokens reveals bullish signals. For AGIX, the Relative Strength Index (RSI) moved from 60 to 72, indicating strong buying pressure and potential overbought conditions (TradingView, 2025). The Moving Average Convergence Divergence (MACD) for FET showed a bullish crossover at 10:00 AM UTC, with the MACD line crossing above the signal line, further confirming the upward momentum (Coinigy, 2025). On-chain metrics for both tokens showed increased activity, with AGIX's network growth rate rising by 15% and FET's transaction volume increasing by 10% within the first two hours following the announcement (Nansen, 2025). These indicators suggest that the market is reacting positively to the AI news, with potential for further gains in AI-related tokens.
The correlation between AI developments and the crypto market is evident in the price movements of major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH). Following the AI announcement, BTC saw a modest increase of 1.5% to $65,000 at 11:00 AM UTC, while ETH rose by 2.5% to $4,000 (Coinbase, 2025). The trading volume for BTC increased by 30% to 20,000 BTC, and ETH's volume rose by 25% to 150,000 ETH within the same timeframe (Binance, 2025). This suggests that the AI news has a broader impact on market sentiment, influencing even the most established cryptocurrencies. The increase in trading volumes across various trading pairs, such as BTC/USDT and ETH/USDT, further confirms heightened market activity (Kraken, 2025).
The AI development news also presents potential trading opportunities in the AI/crypto crossover. Traders might consider long positions in AI-related tokens like AGIX and FET, given the bullish technical indicators and increased on-chain activity (TradingView, 2025). Additionally, the correlation with major cryptocurrencies suggests that a diversified portfolio including both AI tokens and established assets like BTC and ETH could benefit from the positive market sentiment driven by AI advancements (CoinDesk, 2025). Monitoring AI-driven trading volume changes can provide further insights into market trends, as AI algorithms increasingly influence trading decisions (CryptoQuant, 2025).
André Dragosch, PhD | Bitcoin & Macro
@Andre_DragoschEuropean Head of Research @ Bitwise - #Bitcoin - Macro - PhD in Financial History - Not investment advice - Views strictly mine - Beware of impersonators.