Crypto Daily FX

Crypto Daily FX

Your Daily Support to Break Resistance.


Always Buy Bitcoin When It's Quiet (2/2/21 BTC Forecast)

2 Feb 2021 2 minute read 0 comments Biz Wisdom

Bitcoin pulled back a bit on Monday, starting off the month of February with a dip to about the $32,000 level before finding support and recovering a bit to the $33,500 level at the daily close. This is a pretty neutral candle as Bitcoin continues to...

Your Last Chance to BTFD in Bitcoin (Weekly Forecast 2/6/21)

1 Feb 2021 2 minute read 0 comments Biz Wisdom

Bitcoin rallied during the week ending January 31, going back and forth amid high volatility from the Gamestop vs Wall Street war causing Bitcoin to trade in a nearly $10,000 range between $29K and $39K, ultimately closing the weekly candle with long...

Expecting Imminent ETH Breakout to $2,000 (Weekly Forecast 2/6/21)

1 Feb 2021 1 minute read 0 comments Biz Wisdom

Ethereum rallied during the week ending 1/31/21, initially falling to the $1,200 level before quickly finding support and rallying up to a new high around $1,467 before settling the weekly candle just below $1,400. ETH continues to knock on the door...

6 More Grayscale Trusts Coming Soon (DOT, ATOM, ADA, EOS, XMR, UNI, AAVE)

31 Jan 2021 1 minute read 1 comment Biz Wisdom

On January 27, 2021, six new filings for crypto trusts were registered with the Delaware corporate registry by Grayscale Investments' associated entity. The 6 new trusts are all for altcoins that have been or increasingly are gaining popularity such...

4 Reasons Why Facebook's Stablecoin "Diem" is Dead on Arrival

31 Jan 2021 2 minute read 1 comment Biz Wisdom

Following a major rebranding and restrategizing announced in December 2020, the Facebook-backed Libra officially changed its identity to Diem, citing a new strategy, leadership, and vision. This move came as a result of the major central bank and gov...

GameStop vs Wall Street War Validates DeFi More Than Ever (ETH 2/1/21 Forecast)

30 Jan 2021 2 minute read 0 comments Biz Wisdom

Ethereum rallied on Friday, initially reaching well above the $1,400 level before pulling back, closing the daily candle just below around $1,390. This is a bullish continuation for ETH as it appears we are strikingly close to a breakout higher, we j...

New Generation of Bitcoin Believers is Born (2/1/21 Forecast)

30 Jan 2021 2 minute read 2 comments Biz Wisdom

Bitcoin rallied on Friday, catching a wave of bids as the Gamestop-Hedge Fund war continued on, but the primary initial catalyst was Tesla founder Elon Musk tweeting about and adding bitcoin to his Twitter bio, which caused a sudden wave of buying. B...

GameStop, Bitcoin: We're All On The Same Team (1/29/21 Forecast)

29 Jan 2021 3 minute read 0 comments Biz Wisdom

Bitcoin rallied on Thursday, bouncing off the $30K level and rallying nicely as buyers stepped in in response to the Gamestop/Robinhood fiasco. Market sentiment is extremely hostile towards Wall St. and legacy investing entities right now, and with B...

3 Actionable Ways to Fight Wall Street's Market Manipulation

29 Jan 2021 6 minute read 0 comments Biz Wisdom

This is not our typical subject matter but because this strikes so close to home and the crypto philosophy, I can't help but post this. Posting on behalf of our parent brand, MoneyRedPill.com. This is not financial or legal advice*  There’s blood in...

Buying ETH Now = Buying ETH Mid-2017? (Forecast 1/28/21)

28 Jan 2021 1 minute read 0 comments Biz Wisdom

Ethereum fell on Wednesday, dropping to the $1,250 level as ETH succumbs to selling near resistance around the $1,400 level. ETH continues to find resistance as it continues to look higher, testing the resistance level and bouncing back.  (January 2...