GibbsGibbleton

GibbsGibbleton

Well its been a highly exciting week for crypto, BTC reaches a new all-time high above 13k. IOTA has been seen to follow the general trend of Bitcoin an perhaps the influx of interest in bitcoin and ethereum has now also led new money not only into bitcoin but some alt coins too. After the metereoric rise of IOTA we quickly saw a reversal from 5.59 USD to 3.50 USD...

GibbsGibbleton

IOTA is continuing its recovery to the recent ATH @ 1.5360 after a 30% correction this week. Currently, the bull run is finding a lot of resistance at the 1.42 price level and expect that without a breakout we will see the price fall to test its lower bounds (probably at the 1.35-30-25 levels). I am expecting a breakout to 1.60 if we overcome the recent price...

GibbsGibbleton

I believe the broader picture is that it is on the cusp of a historical event with the upcoming futures from CME. The recent ATH of +11k could be seen as a bitcoin grab from institutional traders and Hodlr's who are longterm bullish on BTC. Recently we have seen the start of a correct back to 9000 but I expect we will continue to see higher gains as more...

GibbsGibbleton

I believe the current downwards trend seen in bitcoin and the cryptomarket overall is due to early investors taking gains and the panic of late comers who bought in at the recent all time levels. The CME Futures are still in the upcoming horizon and perhaps the ATH @11400 could be seen as a prediction of what BTC will trade at around the beginning of December. In...

GibbsGibbleton

The USD/MXN has attempted to break to 18 several times in the last month and yet the market consistently rejects any price level over 17.96 mxn. We are currently testing the ceiling once again and I belive that we will once again retreat from those near 18 levels down to somewhere near 17.82 mxn.