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Recent Crypto Commentary

Author Picture Bitcoin (BTCUSD) Weekly MACD Positively Crossing
Bitcoin (BTCUSD) saw some healthy profittaking this past week after the break (the week before) above prior downchannel/descending wedge resistance (on the weekly and daily chart). Significantly, although BTCUSD failed to hold the 9k level after...

Author Picture The Crypto Daily Movers and Shakers 20/01/20
It was a bullish week last week, with Bitcoin Cash leading the way. A Bitcoin breakthrough to $9,000 early on would provide further support.

Author Picture Ethereum (ETHUSD) Weekly MACD Positively Crossing
Ethereum (ETHUSD) powered higher this past week, following a similar pattern to the beginning of last year's major first half rally. Significantly, ETHUSD surge has been fueled by a decisive break of the June to December 2019 downtrend...

Author Picture The Crypto Daily Movers and Shakers 15/01/20
After a spectacular Tuesday rally, its a mixed start to the day as investors look for direction. A Bitcoin move through to $9,000 would deliver a boost.

Author Picture Elliott Wave View: Bitcoin (BTCUSD) Near The End of 5 Waves Rally
Bitcoin (BTCUSD) rallies in impulsive structure from Dec 18, 2019 low. The cycle however is near complete and it can soon see a 3 waves pullback.

Author Picture Bitcoin (BTCUSD) Testing 6 Month Plus Downtrend Resistance
Bitcoin (BTCUSD) pushed higher this past week with bears increasingly covering on shorts to start the new year. Significantly, BTCUSD has reclaimed the psychologically key 8k level, and is retesting a 6 month plus downchannel/descending wedge...

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