Bitcoin correctly fell to the 8k support, filling up the 1st gap in the BTC CME futures as mentioned in my previous idea.
However, i was caught by the upside surprise towards the 9k level (which i have identified as well), before the plummet to 8k.
Moving forward, tbh i have no idea what the next move will be?
But i have a feeling that the 8.5k is a crucial...
BTC broke above the strong 8.5k resistance, forming another gap in the CME BTC futures . Next target we should set our eyes on is the 9k big figure. If the 9k big figure is broken, we will set our eyes on 9.5k and 10k resistance. It is highly unlikely that we will break above 10k and we should see a major correction by then, filling up the 2 gaps created.
That's...
In my previous idea , I was expecting the VanEck's ETF decision to once again be delayed to August. Indeed, the U.S. Securities and Exchange Commission (SEC) postponed the decision. The next deadline is 19 August 2019. If it is delayed again, the final decision deadline will be on 18 October 2019, where a final decision must be made to reject or approve the ETF ....
21 May is another decision deadline for the U.S. Securities and Exchange Commission (SEC) on the VanEck's ETF. The decision could potentially be another good trading opportunity.
There have been a few murmurs that there is a slight chance for approval given that Hester Pierce, one of the SEC commissioners and also dubbed the "cryptomum", will be giving a keynote...
Hey everyone, i have used the daily chart to create a big picture analysis of BTC's price action since 2018.
The indicators and tools i use in this analysis are: stochastic (55,5,3), fibonacci retracement (blue dotted), fibonacci extension (pink dotted), support levels (green), resistance levels (red). The stochastic nicely coincides with the major bounces and...
