Today's Hot Topics

Sally Ho's Technical Analysis 27 June 2019

Bitcoin Bitcoin (BTC/USD) traded in an extremely volatile manner early in today’s Asian session as the pair fell to the 11350 area after trading as high as the 13868.44 area late in yesterday’s North American session. Buying activity started in size during yesterday’s Asian session and it accelerated during yesterday’s European and North American sessions, driving BTC/USD to its strongest print in 2019. Significant Stops were elected above the 11,510.44 area, representing the 50% retracement of the 19,891.99 – 3,128.89 range, and then above the 13,488.49 area, representing the 61.8% retracement of the same range. Yesterday’s trading activity was some...

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Ethereum (ETH) And Other Altcoins Risk Extreme Capital Flight

Bitcoin (BTC) dominance has reached has reached 61%. This is something we have not seen in a long time. The market is frustrated that Bitcoin (BTC) keeps on shooting up while altcoins like Ethereum (ETH) lag behind. If we look at the weekly chart for ETH/USD, we can see why it has been lagging behind. The price is trading in a large ascending triangle as well as a horizontal resistance around $340. The price is very likely to start falling from here and if it ends up breaking below the ascending wedge, we will see it decline to the bottom...

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Ethereum (ETH) Might Fall To New Lows Against Bitcoin (BTC) During Next Crash

Ethereum (ETH) has started to decline sharply towards the bottom of a descending triangle as we can see on the weekly chart for ETH/BTC. This is a very bearish development but it could get even more bearish if the price ends up breaking below this triangle. Investors are quickly losing their faith in altcoins as Bitcoin (BTC) continues to outperform the rest of the market. This might be accelerated by investors trading their altcoins for Bitcoin (BTC) to cash out before the next downtrend. With Bitcoin (BTC), they can sell their stash on an over the counter (OTC) market but...

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Ethereum Early Adopter Jeff Berwick Interviews The Father Of Vitalik Buterin

Dmitry Buterin Talks About His Son, Crypto and Anarchism. This amazing interview of Dmitry Buterin by Jeff Berwick really helped me understand the vision of Vitalik Buterin. When I first began my journey into the realm of Ethereum it was thanks to Jeff Berwick when he mentioned Ethereum was a great buy at $2. I had no idea what a smart contract was but since Jeff saw potential in it I figured I would buy some. Then came the DAO, thankfully I only lost a small amount. We all know what happened with Ethereum within a year, to the moon!...

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Sally Ho's Technical Analysis 25 June 2019

Bitcoin Bitcoin (BTC/USD) moved higher marginally early in today’s Asian session as traders lifted the pair to the 10,944.99 area and contemplated another run at the psychologically-important 11,000 figure.  Buying demand emerged around the 10,794.79 area during yesterday’s European and North American sessions, representing the 50% retracement of the recent 11,215.89 – 10,171.68 range. Traders briefly pushed BTC/USD back above the 11,000 figure to the 11,091.97 area during yesterday’s North American session before the pair moved back below the 11,000 figure. Selling pressure emerged just below the 11,111.16 area during yesterday’s push higher, right around the 76.4% retracement of the...

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