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Bitcoin Falls Below 50 Day EMA. $45K Next? (Apr 23 Forecast)

23 Apr 2021 1 minute read 0 comments Biz Wisdom

Bitcoin had a nasty fall on Thursday, getting rejected at the $55K level before falling hard, dropping under the $52K level and closing the daily candle at the lows. This is a bearish candle as Bitcoin has now broken below the 50 Day EMA which was be...

If ETH Breaks Above $2,800, Look Out (Apr 22 Forecast)

22 Apr 2021 1 minute read 0 comments Biz Wisdom

Ethereum rallied on Wednesday, rallying to about the $2,450 level before pulling back a bit, closing the bullish daily candle just above $2,400. This is a bullish candle as we get another higher high and higher low to come within 5% of the current AT...

How merchants can accept payments in digital currencies

21 Apr 2021 2 minute read 4 comments Heath Muchena

Many businesses around the world accept cryptocurrencies such as Bitcoin as means of payment. Therefore, whether your business is small, medium or large, you can accept payment in digital currencies.  Apart from an increase in revenue, your business...

Bitcoin Remains on Sale... For Now (Apr 21 Forecast)

21 Apr 2021 1 minute read 1 comment Biz Wisdom

Bitcoin recovered a bit on Tuesday, initially falling back to the 50 Day EMA just above $53K where Bitcoin bounced strongly again to close the day on a high note just under $56K. This is a bullish hammer candle indicating buyers underneath and a stro...

Bitcoin Bounces off 50 Day EMA = Buy Signal? (Apr 20 Forecast)

20 Apr 2021 1 minute read 0 comments Biz Wisdom

Bitcoin fell to start the week as this weekend's selloff bled into Monday's trading session, resulting in a weak recovery and bearish close around the $56K level. This is a bearish candle, however, Bitcoin found support at the 50 Day EMA around $52K...

Bitcoin Washes Out Weak Hands; Massive Rally Next? (Weekly Forecast)

19 Apr 2021 2 minute read 0 comments Biz Wisdom

Bitcoin fell during the week ending April 18th, initially rallying above the $60K level before selling off, dropping sharply to about the $51K level over the weekend and closing the weekly candle with a long-tailed bearish hammer. This is a somewhat...

Ethereum Approaching Resistance, Sell Now? (Apr 16 Forecast)

16 Apr 2021 1 minute read 0 comments Biz Wisdom

Ethereum rallied again on Wednesday, continuing its breakout above $2,000 as we surge to new highs, closing the daily session around $2,500, a new daily high. This is extremely bullish for ETH as it continues to gain as it is historically still very...

Will Coinbase $COIN Help or Hurt Bitcoin? (Apr 15 Forecast)

15 Apr 2021 2 minute read 0 comments Biz Wisdom

Bitcoin fell a bit on Wednesday, initially rallying to a new ATH just under $65K before pulling back, closing slightly lower on the daily chart. This is anything but bearish, as most of today's action was focused around the Coinbase IPO on traditiona...

The Dam Broke. Is $100K BTC Too Conservative? (Apr 14 Forecast)

14 Apr 2021 1 minute read 0 comments Biz Wisdom

Bitcoin broke out on Tuesday, impulsively breaking above the stubborn $60K resistance level and rallying up to a new ATH around $64K, closing the daily candle just north of $63K. This is extremely bullish and precisely what we have been expecting lat...

The $60K Dam is About to Break (Apr 13 Bitcoin Forecast)

13 Apr 2021 2 minute read 1 comment Biz Wisdom

Bitcoin rallied on Monday, kicking off the week with a spike up to $61K before getting pulled back down, closing the daily candle just a hair under the $60K level. This is a bullish candle as Bitcoin continues to make higher highs and higher lows and...