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Day: June 21, 2019

Bitcoin Pushes Toward 10K While Price Gets Overextended

June 21, 2019 Published by

Just a couple hundred points away from the big 10k.   Will it get there?  At this point it may be a self-fulfilling prophecy, but what I’m more considered about is the state of price action when it gets there.
Running to the Top of the Hill
Bitcoin has made an aggressive more higher to get near 10K and is a bit overextended as price has pulled away from the 10 day moving average (my favorite little gauge).   This doesn’t mean price cannot rip higher and go through 10K to whatever moon you are seeking.
What it does mean is that anyone buying right

Forex $1 MM Challenge – Trade #15 (6-20-19) Sold AUD/USD

June 21, 2019 Published by

BlackRock Inc. is shorting the Australian dollar on a bet the central bank will cut interest rates to as low as 0.5% to revive the struggling economy.The Aussie will extend recent declines and probably fall as low as 65 U.S. cents next year, said Craig Vardy, head of fixed income for Australia in Sydney at BlackRock, which oversees $6.52 trillion. The Reserve Bank of Australia will keep easing as the economy cools and U.S.-China tensions weigh on global growth, he said.BlackRock isn’t alone in expecting the RBA to keep easing. Franklin Templeton Investments and JPMorgan Chase & Co. say Aussie

Two Minute Crypto – Riding the Bull (Part 4 of 5)

June 21, 2019 Published by

Please click the link below to listen to the 42nd episode of my weekly crypto podcast ‘Two Minute Crypto.’ These are intended to be short, single-topic ramblings on some aspect of the cryptosphere. Comments and critiques welcome.

External Podcast Links

https://podcasts.apple.com/au/podcast/two-minute-crypto-riding-the-bull-part-4-of-5/id1441492450?i=1000442145126

or

https://www.podbean.com/eu/pb-wwbn3-b5339d

Transcript

Two Minute Crypto – Riding the Bull (Part 4 of 5)

Welcome to Two Minute Crypto and part four of ‘Riding
the Bull’. To date in this series, we’ve looked at the importance of establishing
reliable sources of crypto-related information, the need for planning market
engagement and the role that a coherent rule-set and the exercise of discipline
play in achieving sustainable returns.

Next, we turn our attention

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