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December markets are tricky. With the closing of the year come rollovers in futures markets, tax considerations, hedge fund portfolio allocations due to accountability and much more. Markets are a...
Bitcoin on last support of this year’s fibonacci.
A bearish ‘death cross’ is forming on the Bitcoin daily chart. The pattern is defined by the 50-period moving average crossing below the 200-period moving average. Bitcoin has been in a...
SummaryPotential Bull Flag continues to form, with Bitcoin falling as much as 52.9% from its 2019 peak. Nevertheless, a drop below the most recent low has Bitcoin next targeting the $5,900 to $5,427...
BTC taking a rest on the lowest fibonacci support.
Bitcoin was consolidating around $7300 mark for the whole last week. Given that the BTC/USD rate remains at its lowest in the last 6 months, it is clear that the bears keep their dominating positions....
Bitcoin's next local bottom might be around the corner. Bitcoin trended down for the past five months and recently bounced off heavily its major support zone at around $6.300. Neither the RSI nor the...
Bitcoin: After the rounding bottom’s failure, a bearish Head & Shoulders is in the formation. Original Post
The end of the year for Bitcoin isn’t at all the way crypto enthusiasts expected it to be. Although the benchmark cryptocurrency is almost 90% higher than it was a year ago, market participants...
Using the Ichimoku cloud analysis for BTC we will discover if now is the right time to buy Bitcoin. Keep in mind if you believe Bitcoin is the right asset to invest in and suits your unique risk...
BTC balancing on the lowest Fibonacci support of the year. Original Post
When the universe aligns or, many edges speak in favor of a trading entry, it´s time to take action. Unfortunately, this is easier said than done. As contrarians, these times are often, or...
The first recognizable selling points for Bitcoin present themselves above 8,000. Original Post