The_Bitcoin_Minute

The_Bitcoin_Minute

Cryptocurrrency author on Technical analysis as well as "Think Peices" primarily focusing on Bitcoin along with a few others that show true promise. Residing in Honolulu Hawaii, I have been the creator of TheGoldForecast.com's crypto section that began in April of 2020. If i had to put myself under any label I would call myself a practicing Fib'angellist.


Bitcoin Forms a Three White Soldiers Pattern on daily chart

15 Jul 2024 3 minute read 0 comments The Bitcoin Minute

After a failed assassination attempt on Donald trump that left one supporter dead occurred on Saturday Bitcoin has experienced a notable rally over the three days that followed. The three daily candles (Saturday, Sunday, Monday) have formed a strong...

Bitcoin has yet to hit rock bottom

12 Jul 2024 1 minute read 0 comments The Bitcoin Minute

In our previous episode of The Bitcoin Minute, we predicted the breach of the 200-day moving average as a support level, noting its historical significance as a precursor to substantial rallies in Bitcoin's four-year cycles. This forecast proved accu...

Mt. Gox repayments bring BTC into oversold territory

24 Jun 2024 1 minute read 1 comment The Bitcoin Minute

Bitcoin was already trending to the downside, approaching the key physiological level of $60,000 when the trustee assigned with the tax of repaying victims of the infamous 2013 hack of what was at the time the world’s largest Bitcoin exchange. This...

Bullish continuation pattern in BTC could propel prices to $85k

6 Jun 2024 1 minute read 0 comments The Bitcoin Minute

Bitcoin's price action over the past couple of months has formed an interesting technical pattern that traders will want to keep a close eye on. After hitting a new all-time high just below $74,000 on March 14th, BTC pulled back to an intraday low of...

Bitcoin Breaks Above $70k Once More

4 Jun 2024 2 minute read 0 comments The Bitcoin Minute

Bitcoin had a modest surge today, regaining the $70,000 mark by rising over 2% or $1,600 as of 7 PM ET. The world's largest cryptocurrency has successfully held its 20-day exponential moving average on a closing basis, despite bears' efforts to drag...

Bitcoin Remains Unfazed by Recent Developments

28 May 2024 1 minute read 0 comments The Bitcoin Minute

  Bitcoin's resilience was on display as its price witnessed only a tepid decline of around 1.3% or approximately $900 as of 6:15 PM EST. Surprisingly, Bitcoin remained relatively steady despite experiencing the largest single-day decline in spot exc...

Lower Inflation and Bitcoin Domination

17 May 2024 2 minute read 0 comments The Bitcoin Minute

For the first time since the halving, Bitcoin has moved above its price during the event. Yesterday, in trading, Bitcoin had its biggest upside move since the 4th block reward having occurred on April 19th, period. That move took BTC over 7.5% higher...

Bitcoin Halving is one week away here are some things you should know

12 Apr 2024 2 minute read 0 comments The Bitcoin Minute

The next block reward halving is currently set to occur on April 19th — 20th besides rolling a joint for 4/20 what should you do as an investor/trader to prepare for this day? While the price of Bitcoin usually rises in the 12 to 18 months following...

Technical, Historical, and Fundamental data point to lower prices for BTC

23 Mar 2024 2 minute read 1 comment The Bitcoin Minute

All signs point to a further decline in the leading cryptocurrency after making a new record high last week. We discussed previously how BTC has never made seven consecutive monthly gains and with little over a week left in March the price only must...

The "SOL" Beneficiary

16 Mar 2024 2 minute read 1 comment The Bitcoin Minute

Bitcoin, the top coin by market capitalization took the entire crypto index dramatically higher this week. BTC is currently down over 6% for the last two days. Both todays and yesterday’s candle both contained long lower wicks illustrating how swiftl...