Tag: best cryptocurrency
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Bitcoin bulls beware! Topping pattern to trigger more downside?
You know I was hoping to enjoy this weekend off from charts, but I could not help myself. Many traders, even just for curiosity, had their eyes glued on the bitcoin chart given the Israel-Iran tensions over the weekend. Before the markets closed for the weekend, they did sink as the Iranians said they were…
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![Bitcoin to $50,000 by year end?]()
Bitcoin to $50,000 by year end?
Back on October 24th 2023, I laid out my technical analysis for Bitcoin and told the bulls that a major breakout had triggered. The breakout zone was the $31,000 zone and I expected upwards momentum while the price of Bitcoin remained above this price level. In that article, my next resistance zone came in at…
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![Bitcoin tests critical intraday support. Is the Grayscale catalyst fading?]()
Bitcoin tests critical intraday support. Is the Grayscale catalyst fading?
The bitcoin move on Tuesday August 29th 2023 had the crypto bulls excited. The catalyst? The US Court of Appeals for the D.C Circuit siding with Grayscale in a lawsuit against the Securities and Exchange Commission (SEC) which had denied the Company’s application to convert the Grayscale Bitcoin Trust to an ETF. Bitcoin, Ethereum and…
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![How to Buy Cryptocurrency. (In Canada). (Eh).]()
How to Buy Cryptocurrency. (In Canada). (Eh).
There are two words in the English language that you will never hear me say consecutively: can’t complain. Can’t complain! Who on this earth literally can’t complain?! What possible concoction of drugs are you taking to live in such a euphoric bliss that you can’t complain? Follow up question, can I have some? (I’ll pay). In this…
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![Ethereum Rips on London Fork EIP 1559, Smoothing Transactions and Gaslight Fees.]()
Ethereum Rips on London Fork EIP 1559, Smoothing Transactions and Gaslight Fees.
I don’t like to be the guy to say “I told you so”, but DAMN! I told you so! From a technical perspective, all the stars were aligned for Ethereum to rip higher! When you approach trading as a business of probabilities, the goal is to align as MANY positive confluences as possible! If you…
