Following the rejection at the $45,000 overhead resistance, Bitcoin’s (BTC) price has resumed selling pressure. The bears succeeded in breaking below the $41,800 support which resulted in the current downtrend. On the daily chart, the BTC price drops sharply below the moving averages, signaling the resumption of the downtrend. Today, the largest cryptocurrency has...
As you can see on the chart there was a huge short squeeze in the stock fossil 2 weeks ago. I bought put options a week ago. I see the stock go back to 9,5 dollar on short term. Long term when management is not able to do a turn around, stock will eventually go to 0.
Bitcoin Update Finally, after two fake-ins as Bitcoin spiked above the upper dynamic of the triangle formation of yesterday and came back to the lower rising dynamic of the triangle on the first occasion and then to the apex of the triangle on the second occasion before finally reaching it's very modest updside target at 8450-8460 (high at 8483) before falling...