Hot Topics

Advertisement

Advertisement

Sally Ho's Technical Analysis 17 June 2019

Bitcoin Bitcoin (BTC/USD) recovered some lost ground early in today’s Asian session as the pair traded as high as the 9083.76 area after finding some demand around the 8810.53 area. The pair established a fresh 2019 high during yesterday’s European session, establishing its strongest print since May 2018. Stops were elected above the 9090.00 area, a relative high dating to 30 May 2019. During the pullback lower during yesterday’s European session, Bids emerged around the 8876.41 area, representing the 38.2% retracement of the move from 8048.75 to 9388.00. Technical Resistance then emerged around the 9071.94 area during yesterday’s North American...

Read More

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

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

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

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