Tag: cryptocurrency

6 Key Technical Developments Worth Highlighting In Financial Markets

Today's excerpt from my broader research highlights key technical trading developments and themes across the broader financial markets that are worth watching. Some have...

Bitcoin Surges, Rally Targets $25120, Then $36000

Bitcoin has emerged from a multi-year trading base, breaking out to all-time highs. Though the breakout still needs to see follow through buying, bitcoin...

Bitcoin Breakout Measures To 37000

“The broader the base, the higher in space.” It may have been one of my mentors, Ralph Acampora, who first shared that market maxim with...

Bitcoin and Gold: Bullish Cup and Handle Patterns In Progress?

It wasn't long ago that Bitcoin was pretty much left for dead. And a couple years before that, Gold was in the same position. Both...

Bitcoin Top? Watch This Yearly Pivot Level!

$BTCUSD Bitcoin Chart Bitcoin $BTCUSD is currently testing the 2020 yearly pivot points (YR1). Last year, the 2019 yearly R1 pivot point was strong resistance and...

Bitcoin Setting Up for a Breakout In Early 2020

One market that triggered a technical buy signal for us over the last week is Bitcoin $BTCUSD and the ETF OTC:GBTC. From a technical perspective,...

Why Bitcoin? And What’s The Rally All About?

Top Charts Bitcoin exploded UP on Friday: We’d be looking at the 3rd highest 1D return in Bitcoin’s history (38%), surpassed only by 11/6/10 (54%) and...

When Will Bitcoin Bottom? Cycles Suggest Selloff Will Continue

Bitcoin crashed as the launch of the much-discussed Bakkt futures exchange was greeted with limited uptake. Having risen to around 13,000 earlier this year,...

Bitcoin Outlook: Rally to $8,000 Possible in 2019

Bitcoin has fallen on hard times in 2018. The cryptocurrency is down 85% since it made all time highs in December of 2017. So when will...

Bitcoin Crashes Again, Cycles Point To More Downside

Bitcoin continued to crash on Tuesday morning, declining by as much as 10%, after having already fallen 14% on Monday. We don't believe the digital...

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