822 Articles 3 Followers
29 Jan 2021 3 minute read 0 comments Biz Wisdom
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...
28 Jan 2021 4 minute read 2 comments Biz Wisdom
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...
27 Jan 2021 1 minute read 0 comments Biz Wisdom
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...
25 Jan 2021 2 minute read 0 comments Biz Wisdom
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...
25 Jan 2021 1 minute read 4 comments Biz Wisdom
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...
23 Jan 2021 3 minute read 0 comments Biz Wisdom
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,...
22 Jan 2021 1 minute read 0 comments Biz Wisdom
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...
22 Jan 2021 2 minute read 2 comments Biz Wisdom
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...
21 Jan 2021 1 minute read 0 comments Biz Wisdom
Ethereum fell on Wednesday, dropping down to under the $1,250 level before bouncing up above the $1,300 and closing the daily candle thereabouts. This is a bearish candle as ETH sold off a bit as ETH continues to fight resistance near the ATH. (Janu...
21 Jan 2021 1 minute read 0 comments Biz Wisdom
Bitcoin fell on Wednesday, dropping down to the $34K level before turning around and recovering to about the $35K at the close. This is a bearish candle and leads me to believe that this tightening wedge on the Bitcoin daily chart may break out to th...
