This Perspective Shows What The Last Leg Up In Bitcoin Looks Like
Bitcoin price is back at $50,000. The market is still undecided about the ultimate direction the cryptocurrency moves next. But according to a repeating fractal pattern that has appeared again and again, the only direction for the next several weeks could be up. Here is a closer look at a side-by-side comparison that has appeared […]
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Bitcoin price charts are an amazing sight to behold. Past market cycles that used to look like bubbles that popped and fizzled out, eventually are eclipsed by the next major crypto uptrend. Another such instance is well underway, but when zooming out, the perspective shows just how distant the peak of this current cycle very well could be from here. Bullish Bitcoin Bubble Is Nowhere Near Popping, Past Cycles Show Bitcoin derives its value from […]
It's been a few hours since we published the first of today's bitcoin price watch pieces, and after the crazy action we saw in the overnight session last night, things have normalized somewhat during today's European session. We traded to lows just ahead of 364 earlier this morning, having reached 500 flat a day earlier. During todays session, however, we have recovered some of the losses and now trade at or around 400 flat - a level that is likely going to have some significance from a psychological perspective going forward. With this said, what are the levels we are looking to trade....
Here's a look at what we are focusing on in the bitcoin price this evening. That’s another day done, and once again it’s been a pretty interesting day of trading in the bitcoin price from an intraday perspective. Price just keeps giving us opportunities to get in and out of the markets, and our strategy has been ready to take advantage of these opportunities on pretty much every signal. We’ve had a couple of crossovers, so every box isn’t ticked, but when we compare action over this week and last to action at the end of September/early October, it’s night and day. We’re not done yet. The....
Despite the market crash, ARK Invest Analyst @yassineARK points out that Bitcoin is still +400% up compared to this time last year. A look back to that period shows BTC priced at $9.5k, and uncertainty over the “corona-crash” was dominating sentiment. “Even down 40% from its peak, Bitcoin is up 400% in the last year. […]
Francis Suarez reminded people that volatility plays an equal role when the market is going up, but the concerns only come up during bear markets. Miami mayor Francis Suarez believes that Bitcoin (BTC) should be seen from an innovation perspective rather than just as an investment asset.Suarez’s comments came during his discussion on “The Future of Crypto” on the third day of the ongoing World Economic Forum (WEF) 2022 at Davos. He said:“We live in a world where investors only look at things from a return perspective, but Bitcoin should be seen from an innovative and technology....