I see a lot of analysis that pins BTC into a downward channel with the most recent rejection at 11,800 occurring at the top of that channel. I view the downtrend to be over and I believe bitcoin is trading in a new horizontal channel. Essentially it appears to me that BTC broke out of a descending channel and became range bound.
If you step away from the...
The weekly candlestick on the ETH/BTC chart demonstrates a bullish reversal. I believe this is a strong indicator that the Altcoin market that was repeatedly punished in recent times has hope.
On Jan 31st ETH hit the 123,000 satoshi level, dipped then held a ratio of 0.1 BTC through half of Feb, 100,000 Satoshi for you fancy crypto lovers. On Jan 19th the...
