Bitcoin Is The Move
Why A Bitcoin Investment Is A Massively Underrated Opportunity In Today’s Macro Landscape Torres del Paine, Torres de Paine, Chili. Photo by Marc Thunis on Unsplash Preface We live in interesting times. With the advances in technology and the proliferation of the internet — software is eating the world. Coming out of the Great Recession — the world had seen massive economic growth in what was close to an 11-year bull run largely dominated by U.S. tech equities. We live in interesting times. With the advances in technology and the proliferation of the internet — software is eating the....
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Key Highlights. Dogecoin price continued to trade in a range, as there was no real move in one particular direction. 0 Satoshis and 62.0 Satoshis remain key barriers for sellers in the near term. The market is positioned for a nasty move once the consolidation phase is completed. Dogecoin price is hesitant to move in one particular direction, but once there is a break a solid move is likely. Direction of Break. We stated that the Dogecoin price is consolidating since the last couple of days, as both buyers and sellers struggled to move things. There is a monster support forming around 64.0....
Price at the time this article was written is: US$235.69. Last week the article began with: “The indicators continue to remain in neutral territory. This move still appears to have limited upside and appears to be topping out as volume and momentum have not followed the price higher and many of the indicators have flattened out. This continues to be the case. The price had a move to break nicely above the 50 day EMA but could not hold and has since retracted. The trading range continues to get tighter and a move should be expected very soon one way or the other.
Price at the time this article was written is: US$237.44. Last week, the article began with: “The good news continues to be discounted, which generally isn’t indicative of a move higher. On the other hand, there’s an old adage which applies here: ‘Never short a dull market.’” Resolution of this range should come soon and it could be a big move since there has been less and less on-exchange liquidity in recent months. Technically we are pretty much in the same place with perhaps a more bearish leaning slant since price is having so much difficulty staying above its 50 day EMA. As has been....
Ethereum price after trading towards $10.85 against the US Dollar started a correction, and ETH/USD may now look for a move towards $10.40-10.30. Key Highlights. ETH price after trading as high as $10.84 against the US Dollar found sellers and started a correction. There was a bullish trend line formed on the hourly chart (data feed via SimpleFX) of ETH/USD, which was cleared during the downside move at $10.70. The pair is currently correcting lower, and looks poised for an extension. Ethereum Price Downside Move. We saw a nice and solid upside move in ETH price against the US Dollar. It....
Litecoin Price Key Highlights. Litecoin price traded higher towards $3.24 and started correcting lower to trade below $3.00. There is a bearish trend line formed on the 4-hours chart of the Litecoin price, which is acting as a hurdle in the short term. Litecoin price is attempting to move higher after completing a short-term correction, but facing resistance around a trend line. Importance of $3.00. The Litecoin price recently traded higher to move towards $3.25 where it found sellers for a move lower. There was a minor correction, which stalled near the 61.8% Fib retracement level of the....