We know halving is block rewards cut in half for miners. (do we acknowledge the price still will not be affected until miners refuse to sell for low prices? In my title I mispoke. They do not actually want to dump it. they want to sell into it as much as the others will buy. Are miners selling? well we can see asian sessions are full of selling 9/10 times....
What is B2Gold? B2Gold Corp. operates as a gold producer with three operating mines in Mali, the Philippines, and Namibia. It operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. The company also has an 81% interest in the Kiaka Project in Burkina Faso. Furthermore, it has a portfolio of evaluation and...
Target Price of $27.5 if the rally crushes resistance.
The hash ribbons indicator, which tracks the hash rate of Bitcoin, has just flashed a signal of recovery completed - buy! This is a fundamental indicator and is not some MA bullshit. If you look at history, it was right every time. Buy now and hold. Wait for 20k+ to sell.
Price must break above blue line to maintain momentum.
Firstly, If you like my analysis, please leave me a " like " It is forming cup at the moment. And if it will pull back will be forming "cup with handle" Of course there are several options that the price may follow such as, it may form only "cup", or may do a fake breakout pull back and continue. I will try to explain how i see the movement. The price started...
The stock LSE:FRES - Worlds largest primary silver producer. The thesis XAUUSD has been on a pretty strong run over the last five years, and always does well during turbulent times or when banks turn to QE . There's every indication the FED & other central banks will be printing money like it's going out of fashion over the next few months/years. Silver prices...
BTC Miner Revenue can be an excellent indicator, showing long term market bottoms, which usually take place in the vicinity of the prior bull market tops. Idea: Tone Vays
Gold miners have been enjoying a nice run over the past few weeks and after a short break, many look like this and are in the process of emerging yet again from sideways patterns.
If miners that shutdown can ramp up and economy can get going, then gold will start to move. If it can't get above 1800 and establish a base, then it will drop and form a massive handle , setting up a future breakout.
It is difficult to see the handle, but it there. I consider it an accelerated form of a handle given the crazy volume and price action during the virus outbreak. If 2009 - 2011 are any clue, then bonds should start dropping with interest rates and inflation expectations rising. This should boost gold. Remember that we have had some massive blocks over the previous...
It is difficult to see the handle, but it there. I consider it an accelerated form of a handle given the crazy volume and price action during the virus outbreak. If 2009 - 2011 are any clue, then bonds should start dropping with interest rates and inflation expectations rising. This should boost gold . Remember that we have had some massive blocks over the...
Just the kind of chart we like to find....follow for updates.
Simply put BTC is inside a new capitulation cycle, And The price is in an uptrend, This is the biggest Hidden bearish divergence I have ever seen in the history of bitcoin!! My targets have been set within the 3k levels once more
Waiting for the fifth wave down to be complete. Gold miners are uncertain - acting more like stocks. Short here. Everything in life is a gamble. -Kendrick Lamar
Bannerman Resources had an epic 48% pump today off the lows and I don't this that momentum is over, with spot uranium prices moving up above $27 Bannerman looks good here IMO with little to no debt, smart cash management, and mines located in Niger Africa that can produce uranium to market and fill contact orders much faster than many larger closed down mines (due...
If it brakes the MA 180 days then we can think about rebuying the pull back.
Platinum at current levels presents tremendous value. The precious metals take turns outperforming and underperforming. In the late 90s palladium went into a bubble while gold, silver, and platinum bottomed out. Then throughout the 00's palladium moved sideways while platinum, silver, and gold all outperformed. I believe we are nearing a similar setup where US...