The Bitcoin Bull Run Peak Index seeks to answer these questions. As normal technical analysis (TA) tools are not quite as useful while plotting fresh all time highs (ATHs) I have found the CBBI index to be a good source of highly correlated historical metrics comprised of various indicators put together by Colin Talks Crypto [Continue]
Skipping the obvious joke— We are not talking about something tangible verses digital and even some traditional definitions such as from investopedia.com: A hard asset is a tangible or physical item or resource that an individual or company owns. Often, the value of hard assets moves in the opposite direction of the value of soft [Continue]
Thursday December 19th 2019 Bitcoin had a 1000 USD move up on the day from 6400 to over 7400 to settle down at 7232 at the current moment. A good visual of the cryptocurrency market is provided by cyptobubbles.net The biggest movers today are in the smaller cap top 100, but a top ten marketcap coin [Continue]
Saturday October 26th 2019 Bitcoin made a 3k Day green move from 7400 up to 10400 and has settled at 9334 USD. There was a recent Golden Cross on the 3 day chart—which is typically a strong positive indicator. BTC is still consolidating on the longer time frames suggesting it is still best to continue [Continue]
Bitcoin (BTC) is about to experience another Golden Cross, which typical signals a significant rally. A Golden Cross happens when a short-term moving average crosses above the longer-term moving average. In BTC’s case the 100 day (MA) is about to cross over the 200 day (MA) on the three day chart. One basic rule in [Continue]
Cryptocurrency market overview with featured double digit percentage gains: Bitcoin, Altcoin & EOS project tokens by Ken Burridge [Continue]
Monday September 2nd 2019 Bitcoin continues to consolidate and after a move back up to the 50 (MA) on the Daily chart. It is likely best to continue to long term HODL BTC as the price remains bullishly above the 200 day moving average. In the top 100 market cap on coingecko.com we have [Continue]
Saturday August 24th 2019 Bitcoin continues to consolidate for the last 2 months—it is above the 26 (EMA) and above the 50 (MA) on the 3 Day chart. This helps give some life to some smaller cap altcoins. BTC is currently trading at 10190 USD (about 230 less than yesterday). It is likely best to [Continue]
Monday August 19th 2019 Green Day again. Bitcoin consolidates on the 50 (MA) on the Daily chart. This helps give some life to some small cap altcoins. BTC is currently trading at 10788 USD (about 450 more than yesterday). It is likely best to continue to long term HODL BTC as the price remains bullishly [Continue]
Sunday August 18th 2019 Green Day. Bitcoin keeps consolidating above the 50 (MA) on the Daily chart. This helps give some life to some altcoins (such as smaller cap EOS projects). BTC is currently trading at 10340 USD (about 120 more than yesterday). It is likely best to continue to long term HODL BTC as [Continue]