So I was told ETH reacts to BTC with just enough lag to trade based soley off BTC price action. Is this true? Well, I just watched. Maybe...?
In this video we look at the 2013 and 2014 crashes and what were the preceding and succeeding market conditions -- and what that means for us now in 2018... A new bull market has started - but the risk to roll over into a crash is still there.
Bitcoin has been forming a bearish pennant pattern since early 2018. When looking at the pennant we generally make our bias whatever price was doing going into the start of the pattern. In this case the pennant began shortly after a very strong selloff in bitcoin that saw 50% of it's value disappear. That would make this pennant bearishly biased and we would be...
$BTC Technical Analysis.... Judgement day of declining wedge
This is a followup video to my previous post about investor psychology affecting the price of Bitcoin based on what has happened in the previous market kill zones.