It is a fools errand to try and short BTC despite the current price levels. However, BCH has benefited greatly during even the smallest BTC pull backs, while maintaining its price during BTC upswings. The BCH waters have been frothy as of late but they are finally setting down. Although a break below $1000 will shatter my confidence in BCH, if it hold its...
Please be weary and aware of the sandbox you are playing in. The prices of not only bitcoin, but cryptos in general are being manipulated by exchanges via Tether. Tether is not redeemable for USD but it certainly masquerades as the dollar. Even following the dollars mantra... endless money printing with little to no concern about its effect on our crypto...
Gold and Silver tend to follow seasonal patterns. If you have been in this market long you know this is a painful time of year for stackers and longs. Although I am a long term bull, a healthy pull back to 1260-1250 is eminent. We might climb to 1300... but we will come down. Down below if 1250 does not hold gold will fall straight through to 1235-1205. It...
It looks like we are getting ready for the next leg up. We are forming a price wedge and preparing for another move. Bitcoin Cash has been in sync with BTC the past 48 hrs. As long as BTC continues to climb towards 8,000 BCH will hit 700+ . We will meet resistance at 650 but the market moves fast. On the down side... 600 mark has acted as strong support but a...