Review Since our last analysis from July 12, 2019, Bitcoin has continued its correction as expected. Back then, we called a potential target zone between US$7,000 and US$9,000. This zone was almost reached on July 17, with the lows at US$9,050. After [...]
Review Since the low on December 15, 2018 at US$3,127, Bitcoin has managed to stage a spectacular recovery in recent months. With a high of US$13,887 reached on June 26, 2019, the most important and largest crypto currency has more [...]
Next short-term buying opportunity! Since our last analysis Bitcoin continued to rally and reached 9,900 USD ten days ago. Obviously our cautious view came a bit early but the last 5-10% of any rally are always the most dangerous ones. At [...]
Time to get cautious again! Over the last 10 days Bitcoin and the whole crypto sector strongly bounced from oversold levels and posted a significant recovery. Some of the altcoins more than doubled already. Before that a two week long [...]
Strong bounce within the downtrend channel! Since my last "official" analysis on this site, Bitcoin indeed continued its way down and reached the "potential buying zone between 8,000 and 8,500 USD" two times (March 9th and March 11th). The expected [...]
