I have two guns, one for each of ya!
16 Sep 2019 1 minute read 0 comments Doc
The FED is set to cut rates tomorrow, will that be a catalyst for bitcoin? The FED will host its next policy meeting tomorrow, and the rumor is that they will announce their second consecutive rate cut. This rate cut is a big deal because we hadn't s...
15 Sep 2019 1 minute read 0 comments Doc
Altcoins have been getting absolutely crushed for much of 2019 However, bitcoin has been performing very well. Why is that? Well, it has been happening for several reasons mostly pertaining to demand, but there are also some issues on the supply side...
13 Sep 2019 1 minute read 0 comments Doc
Bitcoin is in a Descending Triangle, but that is actually a bullish pattern Bitcoin has been flagging for some time now, about 3 months to be precise. During that process it has been seeing lower highs and lows that have pretty much stayed the same....
11 Sep 2019 1 minute read 2 comments Doc
Steemit,Inc just announced they would be halting the programmatic selling of steem While this is just a suspension of the selling program for the month and not an outright termination of the program, it is very interesting never the less. More about...
10 Sep 2019 1 minute read 1 comment Doc
According to leaks from Facebook staff, they originally wanted to use bitcoin instead of Libra. Now that is interesting... According to the CEO of Abra, Bill Barhydt, several Facebook employees directly involved with the Libra project said they orig...
8 Sep 2019 1 minute read 1 comment Doc
We may be setting up for a rather large move up in bitcoin. If history is any indicator, bitcoin may be setting up for a rather large move up. In bull markets, any time bitcoin has experienced 3 (or more) consecutive red weekly candles, bitcoin has g...
8 Sep 2019 1 minute read 2 comments Doc
Bitcoin has reacted fairly similar during its first two halving events. We are now approaching its 3rd one. Prices bottomed roughly a year (and a year and a half) prior to the previous halvings. Check it out: (Source: https://twitter.com/CryptoWelso...
7 Sep 2019 1 minute read 1 comment Doc
Bitcoin is inching back up to dominance levels not seen in over 2.5 years. The Bitcoin Dominance Index is approaching 70%. This is the highest level since March of 2017. Which is the highest level of dominance bitcoin has enjoyed in over 2.5 years....
5 Sep 2019 1 minute read 1 comment Doc
The RSI has been a pretty good indicator to follow over the past few months. Every time it breaks out of a downtrend, like it has now, bitcoin's price has enjoyed a sustained move up. Well, we just now are seeing another RSI break of the downtrend ri...
5 Sep 2019 1 minute read 1 comment Doc
Bitcoin may be pulling back, but we have seen this setup before. Back in 2012 and 2016, after bitcoin bottomed and started turning up, we saw a period were prices consolidated and pulled back. Here is an image of the relative strength during both of...
