Bitcoin is celebrating American Independence day by falling over $3000 in overnight trading.
That’s over a 20% correction in less than a month. [Read more…]
Expert technical analysis of financial markets by JC Parets
by JC
Bitcoin is celebrating American Independence day by falling over $3000 in overnight trading.
That’s over a 20% correction in less than a month. [Read more…]
by JC
This is the video recording of our July 1st Monthly Charts Live Strategy Session
by JC
This is the video recording of our June 3rd Monthly Charts Live Strategy Session
by JC
The Japanese Yen hit levels last night not seen in over 30 years.
There was historic volatility this morning and some key reversals that may or may not hold over the short-term.
But what you need to know is that the Yen is crashing. It’s been losing value relative to “things”.
These “things” include all kinds of assets including stocks, commodities and bitcoin, who have all been hitting new highs when priced in Japanese Yen.
Look at Bitcoin hitting new all-time highs in Yen terms: [Read more…]
by JC
This is the video recording of our February 5th Monthly Charts Live Strategy Session
by JC
This is the video recording of the November 2023 Mid-month Conference Call.
by JC
This is the video recording of our November 1st Monthly Charts Live Strategy Session
From the Desk of Alfonso Depablos @Alfcharts
The “news” is designed to be a distraction for investors.
Earlier in the week, Bitcoin made some noise as the price soared 10% amid rumors of the approval of BlackRock’s Spot Bitcoin ETF.
At the height of this speculation, Cointelegraph apologized, stating the rumors were false, resulting in the liquidation of $65 million BTC within minutes.
When we look at the chart, Bitcoin continues to press against the same overhead supply level it’s struggled with all year. It’s really that simple.