Update for you guys. Here I discuss Bitcoin, Bitcoin dominance, ETH/BTC, XLM, NEO, VET, and LINK. I'm also following SLT and NANO, but those charts are available on my page (and linked at bottom). Hope you enjoy. This is not financial advice. Just my opinions and speculations. -Victor Cobra
I made a post about this a while ago, and I also talked about it in my most recent video. Of all the cryptocurrencies out there, Nano appears to most closely resemble Bitcoin's bottom from 2015. We even have the 50 week Moving Average (red) slowly moving down as price remains at a year-long horizontal support level. Nano's bubble from 2017 is actually fairly...
This post is really just for fun. I'm somewhat convinced that we're seeing the floor for many promising cryptocurrencies, so I'm finally starting to post some altcoin charts again. VeChain is a controversial one, at least in terms of investor sentiment. They have an unusually large community for a project with such a relatively small market cap. This may be a...
A lot of people don't know this (there's a huge information gap in the crypto space), but XLM is also a platform, in addition to being one of the fastest cryptocurrencies out there. SLT is one of the coins on the Stellar network. It's a platform for STO's (security token offerings) - a use case that may end up being quite attractive for everyday investors....
My weekly update on the market. Hope you enjoy! For some reason I can't stop doing this accent, but oh well. In this video I discuss Bitcoin, Ethereum, XLM, NEO, Bitcoin Dominance, and the market trend as a whole. This is not financial advice. This is meant for education and entertainment only. -Victor Cobra
Haven't done one of these short term Bitcoin updates in a while. We're in a really interesting situation right now. We got rejected at the last possible downtrend since June, and we're currently consolidating just above $9.1K, which was the descending triangle support from this past summer...in yet ANOTHER descending triangle. Buying volume has basically failed to...
Well well well...look who's made a comeback? NEO has been one of my favorite cryptocurrencies since I first started learning about this insane market. I almost FOMO'd into it when it was above $130, but I held off. A year ago, I made a post about why I expected single digit NEO if the $13-16 area broke down (linked at bottom). That played out beautifully, and I...
Wanted to do a video update for my market cycle phase chart. It's totally speculative and for my own personal use. Anything you view in this video is purely my opinion and shouldn't be taken as financial advice. I talk a bit about the Bitfinex/Tether situation and China, but mostly I focus on the relationship between Bitcoin and alts, and why I think accumulation...
Chainlink has had an amazing run. However, I don't expect it to be immune to the gravity that ultimately affects the cryptocurrency market.This second rally is on lower volume, which may be considered bullish, except for the fact that the previous peak occurred on MASSIVE volume. Based on my experience observing and trading this market, high volume often indicates...
A week ago, I made a post explaining why I thought Bitcoin may not go lower. I ultimately ended up being correct, although it did make a brief move down towards $7.3K. Here's that post: Thought I'd make a video today due to what just happened in the crypto market. Pretty significant. Where to from here? Leave your thoughts and opinions below : ) I'll probably...
Are we actually about to see new all-time-highs for alts? Or is the crypto market done for good? Find out in this video update. Feel free to share your opinions. This is meant for entertainment and educational purposes only. Not financial advice. Apologize again for my noisy computer, but at least you can still here my ridiculous accent ; ) -Victor Cobra
I've shied away from doing altcoin setups recently, particularly on lower-mid caps. But I did make an effort to call the bottom for the ETH/BTC ratio this past summer. I was slightly early, but it did ultimately bounce from those levels and has yet to return there. Here it is: I've shown the daily chart on the left and the hourly chart on the right. I'm seeing...
Here's a necessary update on what's going on with crypto. Recently, I've posted a couple of scenarios. The one I've been leaning towards is the slower growth possibility. The other scenario was that the long term trends are held, but I didn't really see enough buying at recent levels to give me serious confidence. This is why I continued to say that these trends...
Seeing as things are still moving sideways, and sentiment is low, here's some analysis with a silly spin. Hope you enjoy. Not financial advice. -Victor Cobra
In May, I posted an analysis of the total crypto market cap, saying that we could head up towards the long term ascending channel resistance (pink) and then retrace towards the bottom trendline support. This is exactly what has happened. Take a look. As you can see in the updated chart above, the TOTAL crypto market cap has just bounced off its long term...
Here's a quick video simply about the long term trend for the cryptocurrency market. Short and simple. This is not financial advice. Just some observations and things I'm paying attention to at the moment for an indication of direction. This is for speculative and educational purposes only. -Victor Cobra
Aside from attempting to understand the movements of the cryptocurrency market, I also write a lot of fiction. Sometimes analysis feels like science fiction, because I'm making an effort to predict the most likely outcome, based entirely on how my imagination reacts to various pieces of information. It's a creative process for me - one that often involves...
In this video, I discuss the price action of a few top altcoins against Bitcoin. Mentioned are Bitcoin, Ethereum, XRP, XLM, and Litecoin. My next post will likely be a long one about my experience analyzing the market (since I've been doing it for over a year now). Hope you enjoy this video! NOT FINANCIAL ADVICE. This is for speculative and educational purposes...