Bitcoin Price – Blue Moon
Bitcoin price wallows near a 15-month support line near $434. The market seems somber after a frustrating 5 months that had produced nothing in the chart to write home about. Perhaps it’s Saturday’s blue moon or perhaps it’s sheer exhaustion from ecosystem overload during the past year… Not much to report as price slowly keels over into downside. The Bear is not showing any more commitment than his friend, Ferdinand the Bull, had during the past several months of non-advance in the chart. In the OKCoin Quarterly Futures chart, price can be seen drawing out a typical sideways plateau prior....
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My working chart, showing Bitcoin price candles, grey volume bars, fractal highs(^) and lows(v), trendlines, support / resistance levels, Fibonacci retracement levels, MACD indicator and Moon Phases. I've discussed the use of all the indicators and line studies on my chart in previous articles, particularly this one. The only new addition this time is Moon Phases - note the two white full moons and two blue new moons in close proximity to price. Moon Phases show the extremes of the moon's waxing / waning cycle. I've included them as these lunar periods marked the last three significant....
Today is a rare full moon called the Super Flower Moon that also happens to coincide with a total lunar eclipse that gives the moon a crimson color. For the most part, this should have no impact on Bitcoin, however, after seeing a moon phase chart its impossible not to notice at least some correlation […]
Bitcoin price has broken the key psychological level of $1000 on Mt. Gox and pushed above $900 on Bitstamp. The Bitcoin price is exploding right now! Possible reasons for the push are mentioned elsewhere on CCN. As can be seen above on the daily chart, a long green candle is forming on the 5th day of consecutive gains. This is good news for all of us with long positions. I added the final portion to my long position on Friday the 3rd as the Bitcoin price cleared the key $800 Support / Resistance level. As price has also blasted through the 76.4% Fibonacci line (dark blue), I see no obvious....
The filing shows FTX refused to stop using its mascot, claiming “Jack in the Box has only narrow protection limited to the behatted ping pong‐headed clown who exploded out of a box to sell burgers.” Lawyers for major fast food chain Jack in the Box have filed a lawsuit against crypto exchange FTX US for copyright and trademark infringement of its "Jack" mascot.According to federal court documents filed in the Southern District of California on Wednesday, Jack in the Box's legal team is requesting a jury trial, claiming FTX US’ Moon Man character — Lou Nar, an adult male typically dressed....
After a short stint below $50,000, Bitcoin price is back on its way higher, already reclaiming as high as $53,000 and then some. Also tonight, there is a rare full “pink” moon in Scorpio – signaling powerful change in process currently and possibly ahead. Whether you believe in the impact of astrology or not, the moon […]