technology

Bitcoin: Risk-On or Risk-Off?

Bitcoin has several proponents sitting in both camps that suggest it is an entirely risk-on asset or a risk-off asset. Comparing Bitcoin’s price trends to traditional risk-on and risk-off assets…

Cryptocurrency Trade Signals (December 4th, 2019)

A ‘random’ news event generated a spike in Bitcoin’s price, elevating it off of a technical condition that would have signaled continued selling pressure. Support may have been established, and…

Predicted Bitcoin Low of 6580 – will it hold?

My article on October 2nd, 2019, showed the low of this range is around the 6580 value area. Price action will need to confirm the 6500 value area as support….

Bitcoin attempting to break out

Strong moves were higher during the New York session. Near term, resistance could trigger a lower move. Strong intra-day moves during Monday New York Session Bitcoin – and the broader…

Cryptocurrency Point & Figure Buy Signals

Analysis utilized is the charting style known as Point & Figure. Point & Figure is an unambiguous style with clear rules for going long or short. Cardano (ADA) The chart…

Bitcoin, Gold and Silver for safety

Gold, Silver, and Bitcoin have made some impressive runs in 2019. New multi-year highs in metals. Bitcoin continues to press higher inside a strong continuation pattern.   Bitcoin continues move…