Bakkt

After Bearish Fake-Out, Bitcoin Continues Bullish Momentum

In this article we review the whipsaw price action that occurred over the last 5 days, from dramatic declines to stupefying ascents, attempting to provide some insight into why the…

Bitcoin Prediction: 25.5k around May 2020

Predictions of future price levels can be accomplished using Elliot Wave Theory and applying the corresponding Fibonacci extensions and retracement levels.   Bitcoin’s Elliot Wave Chart There is a myriad…

Bitcoin still out performing every traditional asset

Despite yesterday’s selloff, Bitcoin, Litecoin and Ethereum remain extremely positive. Compared to traditional financial markets, Bitcoin has no peer over the past 5 years.   Bitcoin still positive for 2019…

Bloody Day for Crypto Markets as Most Coins Suffer Double-Digit Losses

In this article we review some of the potential reasons that might help to explain the sudden and rather drastic sell-off the crypto markets endured yesterday.   Bloody Day for…

Bitcoin drop essential and predicted

Bitcoin fell through the bullish pennant trading sub 10k. The drop to the 8k zone was expected.   Bitcoin’s Drop to 8k expected I have written a couple of articles…

Bitcoin monthly volume remains down

September could turn into the second-lowest volume month of 2019. Monthly volume down significantly. Bitcoin (BTC) Monthly Volume Volume is arguably the most important indicator in technical analysis. This is…

Bitcoin’s Predicted Moves and Price

Bitcoin’s daily volume spike could create a necessary condition for a breakout. Traded price ranges continue to constrict.   Bitcoin’s Bullish Pennant – The Symmetrical Triangle To understand the relevance…

Ethereum: Text Book Gann Cycles

Ethereum’s chart is displaying a textbook case of Gann’s cycles of an inner year. These cycles can help determine trend direction months ahead of time.   The Cycles of the…

Bitcoin (BTC) Continues to Consolidate

Bitcoin continues to range and constrict inside key Gann geometry. Bitcoin’s bullish pennant formation remains strong. Bitcoin’s Bullish Pennant The triangle pattern on the chart above represents the bullish pennant…

Ethereum gains, alt coin season coming?

Ethereum has one of its most bullish intraday sessions in more than a month. Altcoins higher as Ethereum drives higher.   Ethereum continues higher At the time of writing this…