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4 Dec 2020 2 minute read 2 comments 0xJonnyDee
Bitcoin (BTC) is in the process of making another attempt at breaking out above the $19,400 area after a brief deviation above the level yesterday. Bitcoin is expected to be successful in doing so and will likely move towards the resistance levels ou...
4 Dec 2020 3 minute read 1 comment mercurial9
This week we explore and breakdown the different continuation patterns. Rectangles One of the simplest pattern formations is a rectangle. It is generated when prices are "range-bound," i.e., bound by parallel support and resistance levels. Rectangles...
4 Dec 2020 2 minute read 0 comments Biz Wisdom
Outlook: Ethereum rallied a bit on Thursday, initially pulling back a bit before breaking back above the $600 level, closing the daily candle near the highs around $615. This is bullish as ETH is approaching the local/yearly high around $625. Frankl...
4 Dec 2020 2 minute read 0 comments Biz Wisdom
Active Bitcoin addresses are on the rise, reaching the same level last seen in December 2017 during Bitcoin's peak to its ATH just under $20,000. As you can see in the chart below, active Bitcoin addresses have matched the same level of activity arou...
4 Dec 2020 2 minute read 0 comments Biz Wisdom
Outlook: Bitcoin rallied slightly on Thursday, grinding higher as Bitcoin resiliently holds onto its ATH zone, now only a few hundred dollars below its marginal new ATH. BTC is a bit overextended up here, but that doesn't mean it has to fall immediat...
3 Dec 2020 1 minute read 0 comments Biz Wisdom
Outlook: Ethereum had a quiet Wednesday, dropping a bit initially before turning around, settling just below the $600 level to put in a slightly bullish hammer. Like Bitcoin, Ethereum seems to be in a bit of a topping pattern after a recent impulsive...
3 Dec 2020 2 minute read 0 comments Biz Wisdom
Outlook: Bitcoin rallied slightly on Wednesday, initially pulling back before turning around to form a hammer and rallying to just above the $19,000 level, eeking out a barely positive day. In this context, coming after an impulsive, parabolic rally...
2 Dec 2020 1 minute read 1 comment lucasc
Pretty much anyone with internet access can get some Bitcoin and hold it. Sometimes you can get free cryptocurrency in giveaways, or you can buy it on exchanges. When more people are interested in buying Bitcoin, they will be slowly offering more to...
2 Dec 2020 2 minute read 6 comments 0xJonnyDee
Bitcoin (BTC) reached another new all-time high on Dec. 1 before dropping sharply to $18,000. Bitcoin has regained the majority of its losses, but another short-term decrease is expected before it can potentially resume its upward movement. Bitcoin P...
2 Dec 2020 2 minute read 0 comments Biz Wisdom
(December 1, 2020 8:30PM EST) Outlook: Ethereum went back and forth on Tuesday, experiencing a surge in volatility as the ETH 2.0 beacon chain launched, swinging wildly down and up to reach a new local high before dropping, ultimately closing the dai...
