Four Bitcoin Price Targets for Second Half of 2018

Four divergent, equally-bold predictions for how the price of BTC will fare by the end of the year have dominated BTC-related news for the first two weeks of July. In this article we pause for a moment of introspection about the ultimate value of long-term price predictions and showcase their predictors for their future credibility,…

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Key zone ahead for Bitcoin – early bull or final bear

Back on June 28th, I posted an article regarding Bitcoin’s behavior during the Summer months. Prices trade mostly flat to lower during the Summer (this is common in almost every market) for Bitcoin before showing exponential growth in the Fall. Over the 10 year price history of Bitcoin, this has been a constant (with exception…

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Friday the 13th New Moon, short term bull trend still holding

Even though the past couple of days have had some selling pressure, Bitcoin has still maintained a short-term bullish phase and is still operating within a bullish bounce off of some key levels. There are some important zones coming up we need to watch. As a reminder, the wavy red horizontal lines represent the longitudinal position…

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Bats and Butterflies and Sharks, oh my!

Gartley patterns (Gartley Harmonics) are an often seen, often misunderstood and an often misapplied form of technical analysis. The shapes of the patterns have various names like bat, butterfly, shark, cipher, etc. They are based on Fibonacci ratios and when used in conjunction with other forms of technical analysis, Gartley patterns can be powerful short…

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Don’ thy tinfoil hats – Bitcoin Financial Astrology Update

Dry out that tub of ‘I-can’t-believe-it’s-not-concrete’ leftover mashed potatoes from KFC, put your leftover chicken bones inside and toss them on your kitchen table, cause we gonna go back into all sorts of weird with today’s Bitcoin Analysis. Let’s take a quick look at some key levels here first I should start by going into…

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Crypto Ichimoku Anaylsis

First things first: if you have positions open during a holiday and/or a weekend, it’s best not to touch them. Also, if you don’t have positions open during a holiday/weekend, it’s best not to open any positions (unless you know what you are doing). Cryptocurrencies are an oddity in any traded market: they never close. And because…

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Cardano – The Only Top 10 That Has Broken Structure

What is interesting about the price action since last weekend is that Cardano has not only been outperforming it’s peers in the top 10, but it’s also the biggest gainer and the only top 10 coin to actually break its bearish structure. That blue and red channel is a LRG, or Linear Regression Line –…

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