Morning all. Another green week for Bitcoin but I’ve noticed a change in sentiment starting to appear and I’m wondering if we now need to get ready for a correction. Price managed to clip $16,500 during the week and it’s really been on a tear since it left the $10,000 […]
bitcoin
6 posts
Morning all. Interesting chart from Bloomberg looking at the performance of $GOLD and $BTC I’ve added the Magenta lines to show the previous period where Gold outperformed Bitcoin and how it was Gold that consolidated while Bitcoin then played catch-up. Right now we have a similar divergence and it’s an […]
Morning all. Nice candle on Bitcoin yesterday finally took price away from the 200d moving average after 4-5 days of hovering around that area and looking quite indecisive as to which direction it wanted to move. I’m glad the 200d ma has held as it helps keep that Golden Cross […]
Evening all. Time for another look at $BTC and this time I’ve moved up to the weekly chart. A few days ago the daily 50ma gave way and there was a rapid test of the 200 day ma. Both failed unfortunately and I feel that the bullish picture is now […]
Morning all. Just a quick update to look at $BTC as it has decided to come down and test the 50 day moving average, as I hoped it would, and we have some buy orders that have been triggered during this test and move through that level. The 200 day […]
Been a while since I shared a chart here but I think $BTC is particularly interesting at the moment. We’ve seen a good rally and it’s really sparked some new interest in crypto and their prospects for the future. In the next 3 days we will see confirmation of a […]