Crypto: Hated by governments, banks and dictators. Loved by all those who believe in true freedom. Retired airline pilot...full time crypto enthusiast. #Freedom
Bitcoin has been consolidating on top of major support at $7,500. It seems to be getting squeezed within a small wedge, currently trading around $7,700. Daily volume has died off a bit as traders are waiting for the next move. We’ve now seen a dail...
In my last couple updates, I discussed the real possibility bitcoin was topping out. It’s now decisively broken below the $8,150 support. The next area of support is $7,550. Price is currently below the 21 Day EMA. If a daily candle opens and closes...
Bitcoin dropped over $1,100 yesterday in under 8 hours. Price wicked below the $8,150 support, but bulls quickly stepped in to play defense. It’s now trading around $8,400 on Coinbase. The daily RSI has developed an ascending support line that’s bee...
Bitcoin has broken down and out of the larger rising wedge its been consolidating in for the last 3 weeks. Price dropped as low as $8,000 before bulls pushed it back above $8,200. A DECISIVE break below $8150 (daily candle opening and closing) would...
Bitcoin is showing signs of exhaustion. Yesterday I said it looked like price may test the $8,400 support. Bitcoin did break down to $8,425, where buyers stepped in to push it back above $8,600. I apologize for the lack of text...I’m Running out the...
Bitcoin has stalled, currently trading around $8,670. Looking at the weekly chart, it looks like price may test $8,400. If it does, bulls need to see this prior area of resistance start acting as support. Volume remains relatively strong at $25 billi...
Bitcoin finally broke up and out of the wedge it’s been consolidating in over the past 2 weeks. Zooming out on the monthly chart, we can see the last swing high (approximately $8,480) was created back in July of 2018. Price has now officially taken...
Bitcoin has held above $7,500 for 3 days now. We’re starting to see price get squeezed with lower highs and higher lows. It looks like we may see a larger move in the next 3-6 days. The weekly chart looks extremely extended. A decisive break below $7...
The bulls have stepped up, pushing bitcoin from $6,600 to $8,150 over the last 48 hours. Currently it’s trading around $8,000. In today’s video I analyze Bitcoin, EOS, BNB, BAT, ETH, LTC and XRP. I discuss where prices may be heading next, key areas...
Yesterday I said a drop below $7,550 would be your sell signal. I’ve told you my first buy order was waiting at $6,750. Today price dropped 21%, reaching as low as $6,600 on Coinbase. It then rallied as high as $7,400 before settling down. Currently...
