Investing

Bitcoin: Buy the Dip?

If we’re going into a bull cycle, then the question of whether to BTD (Buy The Dip) needs to be asked. Is the drop in Cryptos from last Friday just…

Bitcoin drops to 9,400 on Binance news, bouncing back towards 10,000

The trading this morning/early afternoon was pretty wild. Everything was moving into consolidation per usual, but then at 10:15 CST, Bitcoin dumped. At 11:00 CST, Bitcoin was trading at 10,041….

Bitcoin forms cup and handle formation, ETH flat

The weekend trade was mostly a bore. However, the strength of Bitcoin’s resilience was exciting. Instead of a long, slow and protracted move south (which has been the norm lately)…

Bitcoin, Ethereum and Litecoin all beyond their downtrends and moving higher

Yesterday I discussed Bitcoin’s position relative to its long-term downtrend angle. I also discussed the probabilities of it moving beyond that line and even higher according to a great number of…

Bitcoin testing trend line, time cycles show bullish bias

Bitcoin has been showing some strong movement over this Monday trading session. It has continued to be bought up even in overbought conditions. At the same time, we are coming…

Best Recent Crypto Investments – DGD, ELA, ETC Are Up In A Down Market

The last 30 days have been rough for a lot of cryptocurrencies and the market in general. Bitcoin’s boom in price throughout 2017 came to a spectacular end by the…

Two cryptocurrency scenarios for bulls and bears

The flu really stinks. When you are self-employed and trading is your career, you don’t get sick days. As much as I wanted to work and tough it out, my wife…

Dips continue to be bought, Bitcoin near long trend line

Currently (2:34 PM CST), Bitcoin is hovering around the 11250 value area. This zone is important for a couple reasons. First, the 11250 zone is the next resistance area we…

Expect some profit taking and falling prices over the weekend

The major uptrend we have experienced since February 5th has been strong, powerful and convincing. But we can’t always have rising prices. In fact, we don’t want to have continuing…

Bitcoin breakout, Ichimoku analysis

First Litecoin, now Bitcoin! Out of the three major Coinbase coins (Bitcoin, Ethereum, and Litecoin), Litecoin has been the leader in a breakout from consolidation.  Today we finally see the…