Good morning ladies and gentlemen and welcome back to my daily look into the exciting world that is Bitcoin. Today I have the 4hr time frame pulled up after a few ups and downs over this long weekend (Labor day was yesterday in the USA) We are currently holding onto 5 figure BTC but it sure looks fleeting. The bulls could surely turn this around and I think there...
Good morning everyone and welcome back to my daily analysis of Bitcoin. Today I have the 4hr pulled up after a pretty bad weekend in terms of price action. There are always 2 sides to every coin though and cheaper BTC will eventually drive the price back up once again. In the mean time we are sitting here back underneath the 5 digit Bitcoin that made so many of my...
Good morning ladies and gentlemen and welcome back to my daily look into the whacky world of Bitcoin. Today I have the daily pulled up after a Saturday full of testing 10k. We fell below if only for a brief moment but have since recovered nicely back to 5 digit Bitcoin. But the question is are the bears finished or is this the precursor to back to age old support?...
Good morning ladies and gentlemen and welcome back to my daily analysis of Bitcoin. Today I have the 4hr time frame pulled up after a tumble down the chart from 11k. The bears have finally awoken from their slumber and now if the bulls want to reclaim lost ground they have their work cut out from them. I see some good signs that suggest we may not drop much more...
Good morning ladies and gentlemen and welcome back to my daily analysis of Bitcoin. Today I have the daily time frame pulled up after a dump. We fell and there is no way to sugar coat it. The bears finally made their move and we see the results on the charts. We managed to cling to 10k but will we be able to make it through the weekend with 5 figure Bitcoin? Lets...
Good morning ladies and gentlemen and welcome back to my daily analysis of Bitcoin. Today I have the daily time frame pulled up and I can see that the bears are up early this morning creating havoc on the charts. We are still clinging to 11250 but things are looking a bit bearish on the smaller time frames. The daily has some key areas of support that will come...
Good morning ladies and gentlemen and welcome back to my daily analysis of Bitcoin. Today I have the 4hr time frame pulled up after a big red candle. As soon as I got my computer I saw that we were in free fall. We lost some support in the process and now we are back to where we were a few days ago. The bulls are still clinging to 11k with all their strength. Lets...
Good morning ladies and gentlemen and welcome back to my daily analysis of Bitcoin. Today I am focused on the 4hr time frame after a little pump action over night. I love waking up to green candles. It makes my analysis much easier. The monthly ended yesterday and August was a great month. Another solid green candle on the monthly. Things are looking bullish if...
Good morning again ladies and gentlemen and welcome back to my daily analysis of Bitcoin. Today I have the 4hr pulled up after a pretty bland weekend if I do say so myself. Not much occurred in terms of price action. Oh well. It gave me an excuse to sleep in. I do see reason for hope on the 4hr and that is why I am sharing the 4hr with you today, So buckle up for...
Good morning ladies and gentlemen and welcome back to my daily analysis of Bitcoin. Today I have the 4hr pulled up again. As usual lately huh. LOL. I know that I have been relying on the 4hr a lot to get me through my daily analysis lately and there is a reason for that. My setup of the 50 MA and the 200 MA along with the cloud is favoring the 4hr time frame as...
Good morning everyone and welcome back to my daily analysis of Bitcoin. Today I have the 4hr pulled up after some over night gains coupled with a retreat from 12k. We didnt spend much time at this level before ultimately dropping back to the 11700 level where we sit currently. I still see plenty to be bullish about but 12k seems to be a formidable resistance for...
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 losing a bit of ground yesterday. No big deal. The weekend is typically a bit more quiet so this should not be a surprise to anyone. The bulls worked very hard over the past few weeks and pushed us to a new yearly high. But...
Good morning ladies and gentlemen and welcome back to my daily analysis of Bitcoin. Today I will be taking a look at the 4hr again after a little dip yesterday. We have since recovered a lot of the ground we lost yesterday which is promising. The weekend can be pretty boring in terms of trading. There is a lot to be bullish about at the moment and support is...
Good morning ladies and gentlemen and welcome back to my daily analysis of Bitcoin. Today I have the 4hr time frame pulled up after a decent day of trading yesterday and I see we gained some ground. The candles are hanging out just below 12k and we could very easily establish a new yearly high with a well placed surge of volume. Right now there is a lot of noise...
Good morning ladies and gentlemen and welcome back to my daily look into the inner workings of Bitcoin. Today I have the 4hr time frame pulled up after some gap filling pump action yesterday. Nice work bulls. Can the bulls keep this momentum going throughout the day today?? I threw a speed fan onto the chart this a.m. I havent put one on a chart in a good while...
Good morning ladies and gentlemen and welcome back to my daily analysis of Bitcoin. Today I have the 4hr time frame pulled up after a pretty flat day yesterday in terms of price action. We have muscled our way above 11400 where we sit currently. But there is still work to do if we want to keep the momentum alive. This market is capable of making big moves in a...
Good morning ladies and gentlemen and welcome back to my daily analysis of Bitcoin. Today I have the 4hr pulled up again while my trading set up catches up to the candles on the daily. After big moves it takes a few days for my set up (50 MA, 200 MA, and the Ichimoku cloud). The 4hr time frame is jiving with my set up at this time so that is why Im sharing it...
Good morning everyone and welcome back to my daily analysis of Bitcoin. Today I have the 4hr time frame pulled up early on a Monday morning and I can see we are still around the same level we were during my analysis yesterday. Nothing major has occurred in 24 hours. But that could certainly change today. We filled in an age old gap over the weekend (11800) and...