After an incredible 7+week rally in Bitcoin, from $3700 to above $8000, the current price action is setting up for what may become an extended Pennant/Flag formation with quite a bit of sideways trading ahead. Our researchers believe the past 7+ weeks rally in Bitcoin was prompted by a shift away from...
Posted to
Technical Traders Ltd.
by
Chris Vermeulen
on
05-27-2019
Filed under:
Filed under: bitcoin, China, US, rally, trade, btc, trump, sideways, pennant, xrp, talks, flag, eth [Edit Tags]
Last year just days before the big Bitcoin breakdown we notified everyone publicly to get ready for a swift drop from $6000 to $4000 which played out perfectly within a few days. Our cycle system and technical analysis skills combined can pack a powerful punch and this one of those incredible moves where...
Posted to
Technical Traders Ltd.
by
Chris Vermeulen
on
05-08-2019
Filed under:
Filed under: bitcoin, technical, analysis, river, price, chart, btc, Doji, star, three, drop [Edit Tags]
People are starting to park their money in digital currencies, like Bitcoin and Ethereum, rather than parking them in fiat currencies. The institutional investors are recognizing this outcome, hence, they are the largest group of Bitcoin buyers. If you are looking for an easy way to buy and sell bitcoin...
Yusko’s Rule What Is Bitcoin Anyway? Bit by Bit Teething Issues The Five Phases of Adoption Satoshi’s Revolution Crosses the Chasm Thoughts on Bitcoin from John Staying Close to Home Bitcoin is a topic of discussion almost everywhere I go. My introduction to Bitcoin came when I was speaking...
By Hard Assets Alliance Team By Justin Spittler, Hard Assets Alliance Analyst In the weeks since Cyprus President Nicos Anastasiades threatened to plunder the bank deposits of private citizens in order to quell the nation's banking crisis, both the stock and gold markets seem to have shrugged off...