Last weeks high: $64,741.58
Last weeks low: $56,573.01
Midpoint: $60,657.29
As April comes to a close, BTC post it's first red candle on the monthly for the first time since August of last year, that's exactly 7 months of green candles until now.
From a TA standpoint it comes as no surprise, BTC hit and surpassed the previous ATH, it was clear we would meet...
Last weeks high: $72799.81
Last weeks low: $66731.50
Midpoint: $60663.19
BTC HALVING WEEK!
A lot happened last week in the world of crypto, We saw our first prolonged sell off that led to BTC losing the 4H 200EMA support line, and reaching a weekly low of $60,600 .
What caused this drop? In my opinion and it's easy to say in hindsight, it's been a long...
Last weeks high: $71365.43
Last weeks low: $67932.12
Midpoint: $64498.81
Trading can be a very complex and difficult profession to be profitable, however it can often be made more simple. The 4H 200EMA can be used to indicate the direction of the market, for 2 months now BTC has reliably been bouncing off the 4H 200EMA making it great support and an ideal...
Last weeks high: $52994.8
Last weeks low: $51757.7
Midpoint: $50520.6
Another big week in the world of crypto! As predicted BTC has been ranging consistently between the local high of 53k and the support of 50k . Since Bitcoin has been moving sideways we have seen profits rotating into ETH sending it above 3K and the broader altcoin market. We see this...
APT has a token unlock fast approaching, 0.45% of the total supply (4.5m APT) is to be unlocked at 0.5:30 UTC on 12th June 2023.
Here are my thoughts going into this event, how I feel the market will react as well as key areas to look out for.
Firstly looking back to the latest APT token unlock back in January. We saw initial sell side pressure as new tokens...
