Good morning ladies and gentlemen and welcome back to my daily look into the world of Bitcoin. Today I have the daily time frame pulled up and not much has changed since yesterday. I dont expect much from the weekend either. The monthly candle is coming to a close very soon and things dont really look great over the month of September anyways. Lots of downs mixed...
Good morning ladies and gentlemen and welcome back to my daily look into the ups and downs of Bitcoin. Today I have the 4hr time frame pulled up after a clear rejection at resistance. The candles are respecting indicators once again so that gives the charts a degree of predictability. I admit that I dont have a crystal ball but I will give you a logical analysis...
Good morning ladies and gentlemen and welcome back to my daily look into the mind of Bitcoin. Today I have the daily time frame pulled up after a little sideways consolidation yesterday. I will say that I am a bit relieved and I will explain why later in this analysis. Looking at what is on our plate what can we expect next? A full blown recovery or will we lose...
Good morning ladies and gentlemen and welcome to my daily look into the exciting world of Bitcoin. Today I have the 4hr pulled up after a rather unfortunate event yesterday and this morning. I will explain. I see we are holding support right now at the .618 still and that is good. But I think we may lose the support if things go like I think they will. If you...
Good morning ladies and gentlemen and welcome to my daily look into the world of Bitcoin. Today I have the 4hr pulled up after a little bearish drop yesterday. Now that the dust has settled what is coming next? Well if I had a crystal ball I could tell you exactly what would happen. But I guess we will have to settle for logic over clairvoyance. Lets take a look...
Good morning ladies and gentlemen and welcome to my daily look into the world of Bitcoin. Today I have the daily pulled up after a decent weekly close. The as soon as the weekly candle closed yesterday we took a little dive and that is to be expected. Especially after being soundly rejected at 11150 over the weekend. I see a few reasons for the pull back that I...
Good morning ladies and gentlemen and welcome back to my daily look into the world of Bitcoin. Today I have the 4hr pulled up after a retreat from 11k. No sweat though. We are still holding onto the support we gained this week and things are really on the razors edge so to speak. The weekly close is in less than 12 hours and it is looking pretty promising....
Good morning again ladies and gentlemen and welcome back to my daily analysis of Bitcoin. Today I have the 4hr pulled up after a welcome push back above 11k. We have the luxury of some new support and this could be a good thing for the bulls as I believe it will attract more confidence in the market. After the recent crash to 9800 Im sure the bulls are excited to...
Good morning again ladies and gentlemen and welcome back to my daily analysis of Bitcoin. Today I have the 4hr pulled up after the candles have found a home at just below 11k. The fear left by the recent drop has started to subside and we are climbing back up the chart one indicator at a time. But we still have work to do if we want to see another yearly high....
Good morning everyone and welcome back to my daily look into the world of Bitcoin. Today I have the 4hr time frame pulled up after a rejection at 11k yesterday. No sweat though. We climbed a long way from the recent lows of 9800 and after all the blood we recently saw in the streets I will take what I can get in terms of gains. I see a few things I wanted to go...
Good morning ladies and gentlemen and welcome back to my daily look into the exciting world of Bitcoin. Today I have the daily time frame pulled up after a pretty exciting day. We almost got to 11k again but have fallen back a bit from the resistance. No sweat though. With 4 figure Bitcoin a good dip below us confidence is seemingly building back up. I see a few...
Good morning ladies and gentlemen and welcome back to my daily outlook into the world of Bitcoin. Today I have the 4hr time frame pulled up and I see that some of the cloud cover has subsided. I would not celebrate just yet, but I am certainly liking what I am seeing short term. Bullish signals are stacking up and confidence is seemingly on the rise. But can the...
Good morning ladies and gentlemen and welcome back to my daily look into the wild world of Bitcoin. Today I have the 4hr time frame pulled up after a pretty flat weekend. We managed to re-establish a few lost supports and I must confess there are a few thing that have me thinking this bearish momentum could turn around. There are a few reasons for that I will...
Good morning and welcome back to my daily analysis of Bitcoin. Today I have the 4hr time frame pulled up after a pretty flat weekends so far anyways. We kissed 10600 yesterday which is encouraging. But we have since fallen back down a bit. No sweat though right? We are managing to cling to 5 figure Bitcoin and things are looking a bit less cloudy then they did a...
Good morning ladies and gentlemen and welcome back to my daily analysis of Bitcoin. Today I have the 4hr pulled up after some more of the same old same old. We managed to cling to 5 figure Bitcoin for the time being. I see things that give me hope to see a recovery though and I will discuss these in this analysis. The weekend tends to be a little less active than...
Good morning ladies and gentlemen and welcome back to my daily analysis of Bitcoin. Today I have the 4hr time frame pulled up after more of the same old consolidation. I see a few things on the chart that lead me to believe breaking up will be a chore at this point in time anyways. There are a few things that need to happen in order to stop the bears and reverse...
Good morning ladies and gentlemen and welcome back to my daily analysis of Bitcoin. Today I have the daily time frame pulled up after another indecisive day of bouncing around the lower 10k area of the chart. We did see 4 figure Bitcoin yesterday but it was only for a fleeting moment. The bears may be running out of steam at this point but we cant be certain until...
Good morning everyone and welcome back to my daily look into the exciting world of Bitcoin. Today I have the daily time frame pulled up and right now its pretty evident that we are stuck between a rock and a hard place. We have been coasting along in the lower 10k range for almost a week now, dipping even into the upper 9k range shortly before ultimately...