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Bitcoin Closes Weekly Candle Above 20 Week EMA (Weekly Forecast)

28 Jun 2021 1 minute read 0 comments Biz Wisdom

Bitcoin rallied last week, initially falling to retest the $30K level before finding support and closing the weekly right above the 20 Week EMA. This is bullish for Bitcoin as support continues to hold and Bitcoin continues to test the 50 Week EMA. B...

ETH Holding On for Dear Life (June 25 Forecast)

25 Jun 2021 1 minute read 0 comments Biz Wisdom

Ethereum recovered a bit on Thursday, rallying to about the $2,000 level. ETH found support and bounced at the 200 Day EMA around $1,723 on Monday, giving us a bit of a relief rally since then. If ETH breaks below the 200 Day EMA, then ETH see anothe...

Bitcoin Hinting at $20K Correction Bottom? (Weekly Forecast)

23 Jun 2021 2 minute read 2 comments Biz Wisdom

Bitcoin dropped again to start off the week, slipping briefly under the $30K level to ~$28,700 before the buyers stepped in, bouncing BTC back to ~$33K near the end of the Tuesday session. While the lower low is not bullish, the response was, showing...

Monero's Bull Run Hasn't Even Started Yet (Weekly Forecast)

21 Jun 2021 1 minute read 5 comments Biz Wisdom

Monero rallied a bit this past week, rallying slightly in satoshis to about the 0.007 level. More impressively is how XMR has parried much of the May selloff in which BTC as well as alts have bled ~50% or more, whereas XMR has recovered most of the l...

BAT Still Has MASSIVE Upside for 2021-2022 (Weekly Forecast)

20 Jun 2021 1 minute read 3 comments Biz Wisdom

Basic Attention Token (BAT/BTC) has struggled of late, falling below the 50 and 200 Week EMAs and the 0.00002 BAT/BTC level to about 0.0000166. This is a bearish divergence, at least in the short-term, however if BAT can find support around these lev...

ChainLink Near Bottom of Current Range (Weekly Forecast)

19 Jun 2021 1 minute read 0 comments Biz Wisdom

ChainLink has continued its pullback, getting rejected from the 200 Week EMA earlier this week before drifting lower to under 0.0006 LINK/BTC. This is a bearish short-term pattern, of course. However, when you zoom out, this appears to be a significa...

Bitcoin $4T Market Cap by 2022? (June 18 Forecast)

18 Jun 2021 1 minute read 1 comment Biz Wisdom

Bitcoin slid a bit further on Thursday, starting the day off around $39K before pulling back to about $37.5K. Bitcoin appears to be correcting a bit after rallying to a short-term higher high, so we'll be watching to see what BTC does at the 200 Day...

Bitcoin About to Break Out of Bottoming "Buy Zone"? (June 17 Forecast)

17 Jun 2021 1 minute read 0 comments Biz Wisdom

Bitcoin fell a bit on Wednesday, dropping about $1,000 in response to the dovish FOMC minutes alongside TradFi markets which also dropped ~1%. This is minor inconsequential noise for Bitcoin as we flirt with a short-term higher to further complete a...

BlockChain Principle, Type & Application For Absolute Beginners

15 Jun 2021 7 minute read 0 comments CryptoWise

What is Blockchain? What Are Its Use Case & Why you Should Care? Is what we will explore in this article  How It All Started? Blockchain technology has become a new darling of this 21st century. But much before this technology came into existence...

Will ETH Tightening Wedge Break Up or Down? (June 12 Forecast)

12 Jun 2021 1 minute read 1 comment Biz Wisdom

Ethereum had a quiet Friday, trading in a small range to end the week on a bearish note as it slid about $500 to finish near the lower trendline. ETH appears to be developing a tightening wedge pattern that could break either way, but the bias is to...