Tag: cryptocurrency
Why Did Bitcoin Crash Reverse Higher at 30,000?
The climactic selloff and crash in bitcoin and other cryptocurrencies this week came as a surprise to many investors, but not if you paid...
Bitcoin Bullish Flag Breakout Points Higher
Now that Bitcoin has had a month to consolidate a bit it appears to be poised for a breakout to new highs.
The chart below...
Will Bitcoin Trading Reversal Lead To New Highs?
Back in December, I highlighted a bitcoin breakout and shared targets of 25120, then 36000.
That target was briefly exceeded before embarking on a deep...
Bitcoin Parabolic Rally Reversal Faces Big Test!
One of the biggest breakouts of 2020 came by way of Bitcoin. And it was epic.
The coronavirus crash saw the cryptocurrency retest its 2018...
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,...
