Good morning again ladies and gentlemen and welcome back to my daily look into the world of Bitcoin. Today I have the 4hr time frame pulled up after taking 18k and losing 18k. I think that isnt the worst thing that can happen. The pump in 2017 was straight up (seemingly) and we all know how that ended. Blood in the streets. The longer we spend above 15k the more...
Good morning ladies and gentlemen and welcome back to the pump show. But seriously who angered the bulls? I guess they have been kept under the thumb of the bears for years now. But over this year a few key things have occurred that may or may not have fueled this pump. I will discuss a few of my thoughts through this analysis. 18500 is the new yearly high. The...
Good morning again ladies and gentlemen and welcome to my daily analysis of Bitcoin. Today I have the 4hr chart pulled up and I can see we are knock knock knockin on 17k's door. Nice work bulls! I am thoroughly impressed with 2020 when it comes to Bitcoin. This monstrosity of a year plagued with a plague, economic worries, unemployment, Bitcoin has proven itself...
Good morning ladies and gentlemen and welcome back to my daily look into the highs and lows of Bitcoin. Today I have the 4hr pulled up after a pretty flat weekend. We did see a slight dip below the 16k support but have since recovered nicely. We sit above 16330 at the moment. It would be really nice to see a higher high on this particular pump. Only time will tell...
(The red and green arrows are the Aurox Indicator and they recommend a buy or a sell. Red indicates where you should sell and green indicates a buy zone. Pretty simple indicator but rather effective if I do say so myself.) Good morning again ladies and gentlemen and welcome back to my daily analysis of Bitcoin. Today I have the 4hr time frame pulled up once...
Hello again everyone and welcome back to my daily look into the world of Bitcoin. Today I have the 4hr time frame pulled up after a little drop from another higher high. The bulls just keep bringing it. I like the idea of being above 16k but with the weekend typically comes lower trading volume and could possibly result in a pullback. Of course only time will tell...
Good morning 16k! Whats up everyone? Its been a pretty exciting 12 hours. We have established new support and at the same time reached a new nearly 3 year high. This is truly no mans land. We barely spent anytime at this level back in the 2017 - 2018 pump of the decade. But where are we going to go from here? That seems to be the question. I pulled up the weekly...
Good morning again ladies and gentlemen and welcome back to my daily look into the world of Bitcoin. Today I have the 4hr time frame pulled up after a new 2020 high over night. What a rip off. Im here sleeping and BTC is out there making new highs. By the time I woke up this morning the push had subsided and we are currently at 15800 which is still something to be...
Good morning again ladies and gentlemen and welcome back to my daily analysis of Bitcoin. Today I have the 4hr time frame pulled up after more a little bounce off support yesterday. We seem to have found a comfortable spot here around 15500. The swings are pretty big at this point as 500 dollar pumps are seemingly happening multiple times a week. This volatility...
Good morning ladies and gentlemen and welcome back to my daily analysis of Bitcoin! Today I have the 4hr time frame pulled up once again and I can see things got a little wild yesterday, but not the drop many were expecting on the Monday after election. I know I know... Im just as sick of the election as you are. It will all be over soon folks! In the mean time we...
Good morning ladies and gentlemen and welcome back to my daily look into Bitcoin... I have the 4hr time frame pulled up mainly because my trading setup is so far away from the candles still on the daily. The MA's are catching up and so is the cloud but for now I will look closer at the 4hr time frame because my setup is working better on this time frame at the...
Good morning again everyone and welcome back to my daily analysis of Bitcoin. Today I have the 4hr time frame pulled up and the indicators are really working well on this time frame so Im giving the 4hr a lot of attention til the daily indicators have a chance to catch up to the candles. Its been a pretty hectic week and the mayhem is likely not going to end...
Good morning again ladies and gentlemen and welcome back to my daily analysis of Bitcoin. Today I have the 4hr time frame pulled up and I can see we are dropping a bit from our approach to 16k. No problemo. We have eclipsed last years high of 14k and have a real clear shot of breaking 20k before the end of the year. But we will light that fire cracker when we get...
Good morning again ladies and gentlemen and welcome back to my daily look into the exciting world of Bitcoin. Today I have the 4hr time frame up after some serious gains yesterday. The bulls showed us what they are made of and we were in territory not seen since 2017-2018. I really like what I am seeing on the charts and this pump could boil down to a few factors....
Good morning ladies and gentlemen and welcome back to my daily look at the exciting world of Bitcoin. Today I have the 4hr time frame pulled up after some serious pump. We eclipsed the previous yearly high of 14200 (give or take) and have crushed some serious resistance in the process. The chart looks prime to go even further and if support holds we could...
Good morning again ladies and gentlemen and welcome back to my daily walk through the world of Bitcoin. Today I have the 4hr time frame pulled up and I can see that consolidation has taken hold. Perhaps the market is in limbo awaiting the results of the election. Perhaps there are other factors at play. As we await the results what can we expect from the market?...
Good morning ladies and gentlemen and welcome back to the Bitcoin Show. Today we have the 4hr time frame pulled up after a little consolidation. 13500 seems to be holding for now. But with the election results pouring in throughout the day I would be very careful entering a position. Even if you set a stop loss things could go either way I assume. Last time we...
Just a thought.... What do you think? Is this a Cup and Handle? If so we should see a slight retrace creating the handle. I guess only time will tell for sure. But I know Im not the only one who sees this.