Monetary policy globally continues to remain accommodative which ultimately bodes well for assets with finite supply!
After a 25% week in Bitcoin, it's wise to assume sideways consolidation from here before further upside.
Full disclosure, I had 5 minutes to charts this out, in a rising tide all boat rise so it could likely play out, however, I don't have skin in the game!
Wave 3 within a bigger Wave 3 has completed right at the $5,315 target and we have potentially seen the low for Wave 4 also.
Bitcoin continues to follow the path higher, after reading through some comments it seems that 50% of traders are still unsure whether we are back in a bull market or whether this is a counter-trend rally.
A follow up from yesterday!
#GoneFishing
A rising tide lifts all boats, with central banks now pivoting on a hawkish policy we are entering the perfect environment for digital assets to outperform!
Hello dear crypto friends, hope summer is comming to you! ;) Today's summary of the Big 6: BTC: Still grinding at $4k, loss of Daily HL will have us looking for a HL on the weekly compared to $3333 ETH: Same Spiel as Bitcoin, grinding up bear channel LTC: Lead Bull, fighting with $60 psychological S&R Zone EOS: My favorite potential Bull play for...
With the Fed falling over themselves dovish (although without actions thus far), I do expect a correction based on the chart patterns.
--------------------------------------ETHEREUM ANALYSIS-------------------------------------- Megalodon indicator is showing 291 buy signals VS 12 sell signals on Ethereum. We have been loading the bags on ETH for the next rally. It seems like ETH is one of the most underperforming cryptocurrency right now. At the same time, ETH's 61.8% level with the previous...
In a volatile asset like Bitcoin, time horizon and position size matters. With the ECB turning dovish in a heartbeat it's hard to be bearish digital assets. With that said, price is not linear and pullbacks are certain.
Bitcoin will not be a medium of exchange, price volatility would turn the local corner store into a highly leveraged speculator. With that said, Bitcoin has its place!
In December 2017 liquidity tightened and the world was a lot more hawkish. Interest rate sensitive assets dropped first as expected (housing etc) but also digital assets as less liquidity was in circulation with QT and rate hikes restricting prices rallies. The inverse occurred in December as the Fed transitioned from hawkish to dovish and in tandem digital...
Hello dear crypto friends, hope you're doing well guys! ;) Today we're gonna look at the Daily & Weekly of the big names in crypto. I'm specifically gonna show you Bitcoin + my personal fake-out play with Ethereum. The other names we'll just go quickly through. Have fun watching! ;) If you had some value from my analysis, give it a thumbs-up, because the...
Hello dear crypto friends, hope you had a good start into the year guys! ;) We're gonna look at the big names in crypto & where they currently stand. Have fun watching! ;) If you had some value from my analysis, give it a thumbs-up, because the mechanism shows my video to other people then. Make also sure to follow me so you get notified on my Crypto...
Hello dear crypto friends, hope you're doing well! It's happening: The bearish scenario that we talked about on the weekend is unfolding, as we're breaking the holy half-year bottom 6.000 Dollars with BCH hash-wars & the Tether FUD in the background. In this video, we'll look at the individual zones, which are gonna be important not just for granpda Bitcoin, but...
Hello crypto friends, hope you're doing well guys! ;) In this epsiode, I'm going to show you crypto on the weekly chart right now, and especially what scenarios could bring you the most gains. Also gonna show you my 2 last plays with XRP & BCH. The mentioned interview about the ultimate case for Bitcoin: offthechain.libsyn.com Have fun watching! ;) If you...