Cryptocurrency Price Analysis – week 20 and YTD (2021)
Cryptocurrency Analysis – week 20 and YTD, 2021 THE GREAT RESET The decline in prices of Bitcoin and altcoins accelerated last week. BTC ended the week down -24.7% and Ethereum (ETH) was down -41.0% (vs prior week’s -23.2% and...
Read moreCrypto bear market? How to trade it?
Are we in a crypto bear market? By official count, yes. Bear markets are typically defined as a 20% decline from top and are accompanied by general bearish market sentiment. Bitcoin is down 40% (at $38K) from the top...
Read moreCryptocurrency Price Analysis – week 19 and YTD (2021)
Cryptocurrency Analysis – week 19 and YTD, 2021 Markets and Elon are volatile Bitcoin and many other crypto projects ended the week sharply lower following a series of tweets from Elon Musk. In February this year Tesla announced...
Read moreCryptocurrency Price Analysis – week 18 and YTD (2021)
Cryptocurrency Analysis – week 18 and YTD, 2021 Lead by Ethereum, altcoins continue to advance Bitcoin continued to be range-bound this week as Ethereum again saw strong gains. Ethereum surpassed the $4K level, taking its network value to over $470B....
Read moreFresh and pending breakouts!
Guess a good gauge of the “risk-on” sentiment is DOGE rippin’. It nearly touched $0.70 (new ATH) and is up 41% in 24 hrs and 147% last week. After breaking out from a brief consolidation in a Symmetrical...
Read moreCryptocurrency Price Analysis – week 17 and YTD (2021)
Cryptocurrency Analysis – week 17 and YTD, 2021 Market roared back last week! After a couple of weeks of correction, crypto markets bounced back hard. All of the top 50 altcoins by market cap were up last week....
Read moreFresh altcoin breakouts!
Fresh altcoins Breakouts! What a difference a couple of weeks can make. After sharp corrections, we’re seeing more altcoins recovering, pushing against or even breaking through important resistance levels. Not all of them are necessarily making new ATHs, although...
Read moreIs Coinbase (COIN) undervalued at $123 billion?
Coinbase IPO analysis Is Coinbase (COIN) undervalued at $123 billion? Our CEO and Founder takes a shot at analyzing Coinbase’ financials and prospects in 22 slides. To be sure, it’s just a guess, no one has a crystal ball…but...
Read moreIOTX – Ascending Triangle reaching pinnacle
IOTX – Ascending Triangle approaching pinnacle Our automated chart pattern recognition has detected a potential bullish formation for IOTX. Price has been consolidating in an Ascending Triangle, which is a bullish continuation pattern, meaning it typically breaks out in...
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