- by Jefe Caan
- Jun 16, 2019
Bitcoin (BTC): Why This Could Be The Most Important Week Since Dec, 2018
Bitcoin (BTC) is back above $9,000 and could be near $10,000 by the end of the day. This a very interesting development considering CME Bitcoin Futures closed the week at $8,440. If the price does end up rallying past $9,600 before the weekly close, there will be a huge gap to be filled. That makes this week important but there is more to it than that. If we look at the weekly chart for BTC/USD, we can see that Bitcoin (BTC) is now very close to testing the 38.2% fib retracement level from its all-time high. The price flash crashed...
Read More
- by Robert Johnson
- Jun 16, 2019
As BTC Surges so will Volatility
For around a decade now, Bitcoin has been on a ride with a lot of downs and a lot of ups. Parabolic price surges are as common as 90 percent in value for basically every coin or token in the whole crypto arena. The analyst Trend Trader perfectly summarised the world of Bitcoin up while they laid out the $10k BTC price mark theory at the same time. $BTC-Theory to 10000. 1. Market Makers convinces CT to go USDT on atleast 50-70% portfolio. CT says ✅, as a result BTC dips below 8000.2. More FUD, more selling & MM keeps...
Read More
- by Sally Ho
- Jun 16, 2019
Sally Ho's Technical Analysis 16 June 2019
Bitcoin Bitcoin (BTC/USD) gave back a small amount of hard-fought gains early in today’s Asian session after the pair rocketed to its highest level since 30 May at 8916.63 during yesterday’s North American session. Stops were elected above the 8707.00 figure during recent trading sessions, representing the 23.6% retracement of the move from 7467.10 to 9090.00. Some very important technical clues emerged during yesterday’s European and early North American sessions when Bids repeatedly emerged around the 8635 – 8640 areas, now equal to the 23.6% retracement of the 7702.83 – 8916.63 range. BTC/USD’s upward moves again shifts the focus to...
Read More
- by Jefe Caan
- Jun 15, 2019
How High Can Bitcoin (BTC) Go During The Next Bullish Advance?
Bitcoin (BTC) is back above $8,600 and now eyes further upside. This has left a lot of analysts and investors speculating as to where BTC/USD might finally top out. There is no denying that Bitcoin (BTC) has been on a roll for the past few months but this rally will come to an end and that end is going to be brutal, not just for the bulls but also for the bears. Many retail bears have tried to get in front of the recent rally and most of them got liquidated but there are still some retail bears left to...
Read More
- by Robert Johnson
- Jun 15, 2019
Max Keiser on BTC: “My Price Target is $100,000 and Beyond.”
One of the biggest figures in cryptocurrency is the host of the Keiser Report, Max Keiser. Recently, Keiser took part in an interview for Kitco News where he highlights that Bitcoin can capture a part of the worldwide gold market. The famous investor said that despite the strong bearish streak of last year, he still believes that it is possible for the flagship currency to see off a $100,000 price mark. He adds that he doesn’t expect to make any significant sales unless this value is surpassed. “To capture a piece of the gold market, you’re talking $60-, $70-, $80-,...
Read MoreAdvertisement
