Historically, when trading Bitcoin, I have noticed two things:
-A large dropoff in price is met with huge rallies
-Large pumps typically that end up dropping off tend to trade after the first "hurdle" (think of point 2 in the 5 wave Elliot cycle)
Right now, we are in a pivotal moment for Bitcoin where one of two things will happen:
-We hit our support at ~$7,000...
Concept: Elastic is a decentralised supercomputer, similar to the Golem Network except it is programmed to work on anything due to the Elastic Programming Language. Simply provide a problem and a way to verify solutions, and you will get solutions for a cost.
To me, I believe Elastic could be the next boom in crypto. For a few reasons:
Low market cap -...
After a successful demonstration by fintech leaders in Japan(? not exactly sure WHO they are, but there was a tech demo on how Ripple can be used) Ripple has slowly been declining since.
Bearish confirmations of an M pattern as well as a less obvious head & shoulders as well as a MACD crossover and volume starting to dip leads me to believe that this will be...
Siacoin just had a hardfork today that implemented a new difficulty adjustment algorithm due to the soon release of ASIC miners. As public awareness of cheap cloud storage starts to increase and gets cheaper, it will be seen that Sia will soon grow.
A new release candidate for the long-awaited Sia client is being released this month, and Q1 2018 has announced...
high RSI + MACD histograms starting to look a bit bearish - this makes me believe that this is the start of a head and shoulders pattern which will lead to a bearish drop to ~$400 with additional resistance sitting at around $393 (additional levels at $372 and $340)
however, due to the volume picking up whilst bitcoin remains stagnant and price/volume being taken...
After reaching a new ATH of ~$7800, Bitcoin started to see issues with a sharp decline in network hashrate due to miners picking the favourable Bitcoin Cash.
However, after a series of harsh drops comes a recovery. Rising from the ashes of its counterpart, BCH (which has dropped $1000 recently), Bitcoin is ready to go after people have burned their run on Cash. A...
