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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 $0.23

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 $0.21

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 $0.27

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...

Will Gamestop/AMC Robinhooders Flock to Bitcoin? (1/28/21 Forecast)

28 Jan 2021 4 minute read 2 comments Biz Wisdom $0.39

Bitcoin fell again on Wednesday, dropping below the $30K level before recovering a bit, closing the daily candle just above $30K. This is a bearish candle as Bitcoin continues to retest support at $30K as Bitcoin looks to continue lower before resumi...

Crypto Top 10 Gainers & Losers of 2020

27 Jan 2021 1 minute read 0 comments Biz Wisdom $0.06

For a quick and fun little analysis, here are the top 10 crypto gainers and losers (by %) of 2020:   Top 10 Gainers: 1 Game Stars · GST $0.354 -- +42,851.65%   2  Unibright · UBT $0.616 +14,776.42%   3  Aave · AAVE $196.25 +9,008.97%   4  Ti-Value...

Bitcoin Tracking Stock-To-Flow Model? (1/31/21 Weekly Forecast)

25 Jan 2021 2 minute read 0 comments Biz Wisdom $0.18

Bitcoin sold off during the week ending January 24th, dropping below the $30K level before finding support, ultimately closing the weekly candle around $32,000. This is a large bearish candle as Bitcoin accelerates its short-term correction off the h...

ETH/BTC Breakout Catalyst for $2,000 ETH? (Weekly Forecast)

25 Jan 2021 1 minute read 4 comments Biz Wisdom $0.23

Ethereum rallied during the week ending January 24, originally pulling back with Bitcoin before recovering, divering from Bitcoin and rallying to finish the week near the highs! This is an interesting development as ETH appears to have possibly decou...

Could EIP-1559 Make ETH Deflationary in 2021? (1/25/21 Forecast)

23 Jan 2021 3 minute read 0 comments Biz Wisdom $0.43

Ethereum rallied on Friday, initially falling down to the $1,050 level before turning around and catching a bid, ending the trading session and week on a positive note around the $1,240 area. This is a neutral candle as ETH continues to find buyers,...

Another ETH-Buying Opportunity for the Smart Money (1/22/21)

22 Jan 2021 1 minute read 0 comments Biz Wisdom $0.23

Ethereum sold off on Thursday alongside Bitcoin, falling from the $1,400 level down to under $1,200 in a nearly 20% red day. This is a bearish candle for sure and validates our view that crypto has not yet completed a standard 30%+ correction typical...

BTC Shaking Out Weak Hands Before Next Wave Higher (1/22/21)

22 Jan 2021 2 minute read 2 comments Biz Wisdom $2.96

Bitcoin sold off on Thursday, dropping nearly $5K as Bitcoin has officially broken down from a tightening wedge, closing the trading session just north of $30K. This is a bearish candle as Bitcoin has now retraced over 25% of its ATH of ~$42K in what...