#031/18 Crypto Chartbook – Bitcoin, May 4th 2018
Bitcoin with 0.786 Fibonacci Retracement Bitcoin establishing core positions Bitcoin profit taking with multiple exits Bitcoin triangle breakout
Bitcoin with 0.786 Fibonacci Retracement Bitcoin establishing core positions Bitcoin profit taking with multiple exits Bitcoin triangle breakout
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 [...]
Does technical analysis work in crypto currency markets? Many young and inexperienced traders have been making huge amounts of money, while institutional money has just started to flow into this niche sector. Yet while facing such a relatively young and fast moving [...]
Crypto Research Report March 2018 (Edition II.) My dear friends Ronald-Peter Stöferle, Mark Valek and Demelza Kelso Hays @Incrementum have just published their new Crypto Research Report March 2018 (Edition II.). Make sure to download and read this extensive and in [...]
Crash confirms "crypto winter" theory! After failing at 11,800 USD for the second time Bitcoin has been quickly losing ground. Over the last couple of hours prices crashed more than 1,000 USD down to 9,400 USD. That´s a drawdown of nearly 20% [...]
First moment of truth for Bitcoin since the crash! My general thinking remains this: Bitcoin has been rising from 162 USD up to nearly 20,000 USD within 28 months and Ethereum went from 8 USD up to 1,400 USD in just 12 months. These types [...]
Bitcoin is up 65% in just 10 days! This morning Bitcoin flirted with its 10k level for the first time since the nasty crash that took prices down to 6,000 USD. From this low Bitcoin is already up 65% and [...]