Bulls have managed to wrest charge of BTC from the bears over the last week. A decent attempt at an inverse head and shoulders bottom is underway.read more
The BTC rally has persisted longer than many expected, but it’s looking increasingly weak.
The final countdown to the resumption of the bear trend looks to be under way.
The market looks to be building up to a much-needed capitulatory move, to allow the shoots of a new bull market to take hold.read more
Like Wile E. Coyote running off a cliff, over the last few days BTC has ventured below critical support and paused in mid-air.read more
Just like Maverick and Goose in Top Gun, BTC is flying right into the danger zone today. Although short-term painful, this is needed to move higher.read more
BTC has been submitting shorts to a classic test of nerves this week; our BTC targets remain unchanged however: $5000 in Sept, $29,000 by Jan 2020.read more
Bitcoin has just broken the 50 week moving average for the first time since 2014. History is repeating, in accelerated fashion. If BTC fails to quickly re-attain the 50 week level around $7700, then the promise of the recent death cross's $3500-$4000...read more
The crypto markets are behaving like an old Rolls Royce on its way to Windsor - coasting sideways in no particular hurry. After last week's nonchalance, more of the same looks likely for the week ahead. Bitcoin We've started the week much where we were a...read more
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