I see CAN looking to break through this resistance which was support in the previous cycle. I believe if we can get above the $1.80 level it can start to break much higher. Just a thought... we shall see.
This is perhaps just hopium but with enough people piling into bitcoin IF President Trump does all the pro-bitcoin stuff he is currently talking about then I think it's possible. I'm hodling mining stocks for now and we shall see.
These rips keep dipping to the 50% range. I'm thinking roughly the 0.04 cent range is where to buy. But who knows .. not sure what is creating these fast rises of a given crypto other than hype. We'll have to see what the larger market does because btc has a tendency to follow that. Then all the alts follow suit.
I'm sure this is already out there but here it is again... These are the 4-year bitcoin cycles. They’ve repeated every 4 years thus far. It happens because bitcoin’s code was written that way. This feature makes bitcoin scarcer every four years. We can use gold as a real-world analogy – let’s say that the flow of newly mined gold that comes into the market was...
The simple story of this whole market is this: Bitcoin's price is tethered to its 4 year halving events and the whole of the crypto market is tethered to the price of Bitcoin and so every 4 years we hit new ATHs market wide. You can confirm this, just google 'bitcoin halving dates', choose images and find many examples and observe that some number of months post...