Its been a crazy few weeks to say the least, still a lot of FUD going around in the crypto space. With that being said this has made an excellent buying opportunity in ALT coins you have missed out on or just accumulating more bitcoin at discount prices compared to recent price action. I see two outcomes in the near future for bitcoin and have outlined them in my...
There has been a lot of fear in the crypto market these last few weeks with bitcoin taking its recent hit and pulling down the alt coins everyone saying the top is in and the bear market has started. With that being said the cycles are getting longer not shorter and we still have plenty of this cycle left. As one of the greatest investors of time has said be...
BCH had a nice week and I still see plenty more room for growth still way undervalued. We tested the 1.618 fib level before correcting back down. If bitcoin continues sideways or starts its next leg up I can see the next test at 2.618 fib level target price around 2,000 plus.
Just an update a lot of fear in the markets last week or two. Looking on the weekly candle and comparing to past cycle in 2017-2018 we can see bitcoin broke below the 5 and 10 ma and touched or came close to the 20 ma. This is the first time we see bitcoin has done this type of retest and break below. I don't see much more downward pressure maybe sideways for...
Bitcoin dominance taking another hit and falling past second support, only means alts are gaining strength and we are in alt season these next few weeks and months will be a nice run on alt coin market. Good luck to all
Bitcoin currently sitting on the 100 MA on the daily candle. Took almost a 27% hit, its possible to go down further but I don't see that happening. I see a nice uptrend this following week and Alt coins gaining some nice gains as bitcoin dominance is getting lower, RSI also showing oversold.