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Bitcoin Bear Returns Below $12,000

Bitcoin Reaches Previously Identified Resistance Area Below $12,000 The $12,000 price was previously mentioned as a significant level and the target of the bull retrace: Conjunction of Resistance Lines on the Weekly Price Chart No sooner had this resistance level been reached than a bear move set in. On the weekly chart we observe that […]

Is Bitcoin in a Bubble? Of Course It Is!

2018-02-05_BitcoinBubble

What Is A Bubble? From a technical chart viewpoint, a bubble is a specific pattern of the volatility envelop that resembles, well! a bubble…   What does match best the actual Bitcoin price volatility pattern? Of course, it is the bubble shape on the left part of the above gallery: What is the consequence? Once […]

The Anatomy of a Bitcoin Crash

2018-01-20_BitcoinBuyOneGetTwo

The unpredictable crash Unrealistic statements such as on one side “Bitcoin will reach USD 1 Million” or on the other side “Nobody could predict this happening” or “it’s a fool’s errand to predict the Bitcoin crash” have populated cryptocurrency forums and social networks lately. Nobody could predict… Well! Not exactly. We warned all the way […]

Zcash ( Symbol: ZEC ) – Zbig Move Up Coming

2018-01-07_ZCash-UTW

Which Cryptocoin to buy? For the time being our choice of Cryptocurrencies we are trading is limited to those available on the Kraken platform, which only offers a narrow selection of larger market cap coins. At the time of posting this comprises the following coins: You can trade Bitcoin(XBT), Ethereum (ETH), Bitcoin Cash (BCH), Monero […]