CRYPTOCAP:BTC chart is throwing some curveballs our way. Seeing that bullish volume divergence, I'm thinking sellers might be running out of steam. But that reverse hammer? It's got potential, but I'm holding my breath till the next candle. As always, I've got one eye on the broader trends and the other on those key levels. Let's ride the wave and see where this...
Nearly a century ago, financial markets around the globe experienced a cataclysmic drop, the infamous Great Depression. Today, as we stand on the precipice of economic uncertainty, I can't help but draw parallels between the cyclical patterns of yesteryears and our current economic landscape.
Despite rising interest rates, the Consumer Price Index (CPI) remains...
As seen in the chart, when the inverse TVC:DJI forms an ascending channel followed by a curve, it usually leads to a huge move in the opposite direction of the curve. Based on this analysis, I believe we are about to see a major move into bearish territory in the next few months
TVC:DJI
BITSTAMP:BTCUSD
Bitcoin's current price hovering around the 30K mark has indeed encountered significant resistance, both in the form of diagonal and horizontal trend lines. Drawing inspiration from the ancient Egyptians and Greeks, who harnessed the power of geometry to predict structures and major events, we can explore how these geometric principles may shed...
Throughout the world, we see patterns arising. To some, they may seem like nonsense, but to others, there are certain formations that at times can be warnings of what's to come, as seen in this comparison. Bitcoin and the Dow are starting to match up in wave formation patterns, with Bitcoin being the leading indicator for future moves in the Dow. While this all...
The recent dip in Bitcoin's price can be attributed to several interlinked factors. The Federal Reserve's interest rate hikes have made borrowing money more costly. This tends to diminish the allure of riskier assets such as Bitcoin, as investors seek safer returns during times of monetary tightening. The looming uncertainty over the U.S. debt ceiling is also a...
