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25 Jun 2020 1 minute read 0 comments DanBlock
Bitcoin made a very dangerous move early this morning by almost reaching last resistance I have on my chart before things get ugly but it's now back up over the safer level over $9220. I like that it created a nice V-shaped pattern that to me is a g...
24 Jun 2020 1 minute read 0 comments DanBlock
Yesterday we were looking at a Bitcoin price at a key level and tightly following the yellow downtrend that started back in December 2017. We also identified a short-term uptrend and as soon as the price went below the line the price dropped, followe...
23 Jun 2020 1 minute read 0 comments DanBlock
We have seen Bitcoin making a decent move to the upside, yesterday we were discussing Bitcoin being held down by the short-term downtrend from the purple line. As we have seen that barrier has been smashed, and we are now at a major level. This is a...
22 Jun 2020 1 minute read 0 comments DanBlock
Bitcoin has been boring over the weekend, bouncing between support at $9200 and resistance at $9350. Early this morning it moved up and several news are now saying we are finally recovering and heading for the moon. Although I'm long term bullish on...
18 Jun 2020 1 minute read 0 comments DanBlock
Bitcoin has been putting up with what I like to call a "turtle move". Since yesterday, I had to adjust the new purple uptrend on the 4 hour chart to align with the long red wick and as you can see below, we now have an outline of a turtle! Now let...
17 Jun 2020 1 minute read 0 comments DanBlock
Bitcoin has been boring for the past couple of days, I'm not sure if this is a good or a bad thing. As you can see below, there is a strange shape Bitcoin is forming and for now it's respecting the green line support. I'm expecting some tension in t...
17 Jun 2020 2 minute read 6 comments PVM
Earlier in May , I analysed the possible aftermaths of the block reward halving, from 12.5 to 6.25 and the direct result of miner's lower productivity. As predicted, even if the supply was lower, the demand is still high. The price after the halving...
15 Jun 2020 1 minute read 0 comments DanBlock
Yesterday we discussed the possibility of a dump at the green line and potentially touch the amber line today where the big vertical red line was. I couldn't make this up. Look exactly at what happened! So where we are at now? Although we went as d...
15 Jun 2020 2 minute read 1 comment Cryptonite
Today we saw Bitcoin went down under 9,000 Dollar for the fist time in June, this happen after we get a couple of good news for the king of the cryptocurrency, the wallets that own more than 0,1 BTC hit an all time high at 3 millions, this mean th...
9 Jun 2020 1 minute read 0 comments Ashma
At the moment I'm typing this article Bitcoin is hovering just under $10,000, a far cry from where we were just few short months ago when bitcoin was trading for $3,800 on a pandemic induced sell-off. Since those lows to the recent highs Bitcoin has...
