If History Rhymes, This Indicator Suggests Bitcoin May See a Parabolic Explosion
Bitcoin has seen some mixed price action as of late, with bulls being unable to take control of its trend in the time following its rally up to $28,500 The rejection here was quite intense, and it has yet to show any signs of strength in the time following this occurrence The fact that bulls have guarded against any deeper drawback is positive because it invalidates the possibility that this recent high is a blow-off […]
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Bitcoin price is in a downtrend, after spending nearly a full year in a parabolic uptrend. An indicator bearing the “parabolic” name on monthly timeframes has given a signal, that according to past instances, has always resulted in a catastrophic fall in the top cryptocurrency by market cap. Even if the resulting selloff ends up […]
When Bitcoin rallies, it historically has gone parabolic and blasted off to astronomical prices before each cycle peaks. Recently, rallies have been few and far between, cutting the price per coin down to around $33,000 at the local low. The plummet, however, fell short of tagging a “parabolic” indicator and it could mean that the local bottom is in. Here is more about the Parabolic SAR, the potential signal, and other supporting evidence that the bottom might already be in. Parabolic Uptrend Intact, Says Indicator With 95% Confidence Rate Bitcoin price has repeatedly gone....
Trevor George Smith Jr., professionally as Busta Rhymes asked his 3.8 million followers on Twitter what they think about cryptocurrencies. Rhymes questioned if anyone was into crypto and how people were feeling about digital currencies at the moment. Busta Rhymes Asks If He Should Buy Crypto The American rapper, songwriter, record producer, and actor, Busta Rhymes, discussed cryptocurrencies on Wednesday afternoon. Rhymes is well known for his music career and also has seen the most nominations for a Grammy Award without winning. On Wednesday, Rhymes addressed his millions of followers on....
The one and only Busta Rhymes joins the ever-growing community of hip hop artists interested in cryptocurrencies. Even though his interest is exploratory so far, the light a star of his caliber can shine over the crypto industry cannot be denied. A person like Busta Rhymes has cultivated an audience over the last few decades […]
American rapper Busta Rhymes is looking to get paid in bitcoin. Rhymes made news when he first posted on Twitter about being curious about crypto. The rapper had asked his fans if they knew about crypto. Which resulted in fans shilling the rapper their favorite coins. Busta Rhymes was no doubt overwhelmed with all of […]