Crypto: Hated by governments, banks and dictators. Loved by all those who believe in true freedom. Retired airline pilot...full time crypto enthusiast. #Freedom
After a failed second attempt to break above, Bitcoin remains below the $8,450 resistance. Daily volume is currently hitting another all time high, just above $34 billion. Short positions have dropped nearly 41% inside of 1 min. In other words, 1 pe...
I’ve been out of town since Thursday for a family event. Of course bitcoin takes off as I’m away from my computer, unable to trade. Murphys law...You can all thank me later. In my prior analysis., I’ve discussed a potential short squeeze numerous ti...
Yesterday I told you to expect a break up to test $6,000. Today we saw price break up, finding resistance just shy of $6K at $5,974. Shorts remain stubbornly stacked while longs are flat. In today’s video I analyze Bitcoin, EOS, BNB, BAT, ETH and X...
In my last update, price was sitting just below the $5,350 resistance. I discussed the possibility of a short squeeze, saying should that happen, $5,800 is the likely target. Today we did see an attempt to liquidate shorts as price pushed above the $...
Bitcoin bounced nicely off the $5,000 support and is now testing $5,350 resistance. A decisive break above, turning $5,350 into support, would indicate a likely visit to at least $5,600. Daily volume remains steady above $13 billion. Price consolida...
Bitcoin has held up relatively well since Tether/Bitfinex news broke. Price is currently above the $5,000 support, trading around $5,170. The 21 day EMA is acting as strong support. A decisive break below (daily candle opening and closing) may indic...
Bitcoin is currently finding support on top of prior resistance. Many altcoins have pulled back, making traders uneasy. I discussed the bigger picture in my prior update titled, “Bitcoin Breaks Out + Golden Cross = Be Careful”. If you missed it, I e...
As predicted in my last update, bitcoin broke up and out of the bullish ascending triangle in which it was consolidating. It found resistance right at the top of the prior order structure created back in November of 2018. Daily volume has spiked abov...
Bitcoin is once again testing the top of what appears to be a bullish ascending triangle. In my last update we discussed expecting resistance around $5,350. Daily volume remains relatively strong at just above $13 billion. At the moment, most analys...
Bitcoin continues to hold above $5,000, giving many investors confidence in various altcoins. In today’s video I quickly analyze Bitcoin, EOS, BNB, BAT, ETH and XRP. I hope you find it helpful. Video Analysis: I hope this has been helpful. I’d be ha...
