Bitcoin has been having a nice couple of days following last week's selloff. I walk you guys through exactly what it is I am looking for today and why I am slightly more on the bullish side right now based on the 4-hour trend
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Good morning TV,
It's been a while since I posted a public video analysis. Glad to be back and share with you my opinion and analysis regarding this space. For those of you who don't know me, my name is Amol and I've been a trader for 11 years. I started off my trading as a high school kid logging into my Dad's account in 2008. Thinking I was hot sh*t, I made a...
Video explains. Stuff looks good to make possible moves in near future. Could be crated by the rush for people to get back into the market in order to buy BCC before the hardfork Its too tough to tell if its only one specific thing though.
BCC hardforks are pretty much free money. Looks interesting from a technical standpoint.
After coiling for days, Bitcoin and Ethereum both made monster moves up (currently both up over 5%). Going into the close (7pm CT) I would expect to see some profit taking with hopes price settles above 8000, which would be a good sign for bulls. WIth that said, the algos have become quite efficient at running stops. On big up days like this, you'll typically see...
Today Bitcoin exploded higher up over 10% at multiple points throughout the day. As I'm writing this it's off it's highs by a little, currently trading at around 8.31%. With a little room before the next major area of resistance, I think we may see another 4-6% move in BTC before things start to get dicey. Around 7800 we have the confluence of Fibonacci Extension,...
We have to pay attention to whats going on in the general market, as its will really help us make sound choices going into the close of the market.
Stay safe out there! The real money isn't made buying bottom or selling top; It's made after confirmation of trend.