Putting Things In Perspective: Bitcoin Is Down, But Up 400% YOY

IBM and Samsung have partnered to put the Blockchain Technology to good use. The partnership points us towards their vision to pioneer in the soon-to-dawn era of Internet of Things. There has been lots of murmur in the tech sphere ever since news about ADEPT was released. Especially among those who understand and anticipate the Internet of Things. What is ADEPT? ADEPT stands for Autonomous Decentralised Peer-to-Peer Telemetry. IBM & Samsung's ADEPT aims to be the technology for ledgers, record-keeping of the gazillions of data points that the Internet of Things will start to generate the....

Here's a look at what we are focusing on in the bitcoin price this morning. For this morning’s analysis, we’re going to shift back to the fifteen minute charts from the five, just so as we can get a little bit of perspective on the bitcoin price action seen last night. Over the last few days, things have been relatively active, and during yesterday’s session we got taken out of a trade on a stop loss hit primarily as a result of this activeness, but overnight things seem to have settled down a little. Price initially broke to the downside shortly after we published our analysis, but not....

Here's a look at what we are focusing on in the bitcoin price this evening I’m tempted to stop writing these bitcoin analyses. Everything was running smoothly until I warned of a correction yesterday, and since then, things have just gone south. Well, we got a slight correction last night, some consolidation this morning, and then when we published an analysis early morning out of Europe, suggesting we may see a further decline towards the 1000 level, things started to fall again. As the chart below will show, the bitcoin price did fall towards this level, and has in fact broken it. At....

In today's Bitcoin price watch piece, we are going to mix things up a bit. We will incorporate a combination of our intraday and our breakout strategies, with the goal of getting in to a trade regardless of what type of action we see in the Bitcoin market. It was a pretty tough night, with choppy action putting us in to a short trade early this morning, but the price quickly reversed to trade back within range and take out our stop for a small loss. As we head into today's session, however, this means we are free to get into a fresh position. So, with this said, here are the levels we are....

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....