Bitcoin Technical Analysis: CONSOLIDATING BEFORE NEXT MOVE

Bitcoin continues to consolidate just above of the $3,800 support on Coinbase. Volume remains low overall, which is a bit concerning. Price is being squeezed as the bulls and bears fight for control. I wouldn’t be surprised to see a larger move in the next 24-48 hours.

Looking at the daily chart, we see price is hovering right on top of the 21 Day EMA.

In today’s video analysis I discuss, various scenarios to prepare for, where price may be heading next and so much more. I hope you find it helpful.
Video Analysis:

If you don’t see the above video, navigate to TIMM

THEKEY to Crypto

I want to remind everyone that THEKEY exists

I know that alts aren’t popular right now, I know that the market has been particularly hard on them during 2018, believe me I know!

Sadly this has scared most investors away from alts. Sad, because this is prime buying time! Never in your life will you again see such wonderful investments going so cheap!

The tricky part is picking the right ones – those that will survive and make money.

From https://www.thekey.vip/#/homePage

THEKEY to Crypto

THEKEY is project based on the NEO platform.

What are you still doing here? I just told you everything you need to

Bitcoin Technical Analysis: Watching and Waiting

Happy Holidays all! I apologize for the lack of updates. We’re currently in the process of moving across country. This has been extremely time consuming. Between that and the holidays, I’ve not had the chance to post TA as much as usual. I hope to be back to normal near the end of January. Now on with the analysis…
Bitcoin has decisively broken back above the $3,800 resistance. While this is a welcome rise for bulls, overall volume reminds relatively low. It’s currently consolidating, trading around $3,850 on Coinbase.

In today’s video analysis I discuss, where price my go from here, traps

Bitcoin signals teatime

A Cup and Handle have formed on the BTC charts

I feel a little stupid for not having noticed it a day or two earlier, I blame a “lack of zooming out” – a danger when one gets caught up looking at the short-term charts.

Here it is on the charts:

Made by Bit Brain with TradingView

The Cup and Handle is a bullish pattern. Confirmation has already occurred with BTC leaping up in price and breaking through multiple Fib levels over the last 24 hours.

The obviously negates my prediction of yesterday, though the Fib levels from that post are still holding true and have been confirmed by the latest movement:

Made

Benefits of Investing in Real Estate Even When in Debt

Many people think they need to get out of debt before investing in real estate.  Truth is there is good debt and bad debt and owning income producing property can actually help you climb out of debt.
This is what Patricia Sanders is going to share with you in this guest post:
Benefits of Investing in Real Estate Even When in Debt
Investments can be a good way to increase your income. You can invest your money in any investment vehicle you think will be a fit for you.
If you earn a good return on investment (ROI) you will eventually be able to become debt

Steem Price Goes as Bitcoin Price Goes

You can want steem to trade freely as much as you want, but unfortunately it is still a price slave to bitcoin.
Big Brother
The reality is 90% of steem’s price action correlates to what the price of  bitcoin is doing.  Granted, this holds true for a lot of coins.  Especially coins that don’t readily have a USD or stable coin pair, such as steem.

This Looks Familiar
Looking at the daily price chart of steem the last few weeks looks eerily similar to bitcoin’s price action.  Given that btc is the lead dog it makes sense.  At this time steem is still just

Bitcoin – the rest of December

I was expecting a drop in Bitcoin price and here it is

Having been range bound in the $3675 – $3850 (coinbase prices) region for over 2.5 days, BTC was showing signs of dropping below that range.

It formed a gently tapering triangle, indicating another price drop before the end of the year, but we didn’t have to wait that long. Declining volume signalled the direction of the change in advance.

Its possible that a strong recovery of the large financial markets prompted buying there with funds partially drawn out of speculative crypto investments.

As I said a few days back, I believe

BTC short-term

A look at BTC price predictions for the next 24 – 48 hours

For those of you who were too busy enjoying the pre-Christmas festivities to check your crypto feeds – you missed out on an exceptionally insightful Bit Brain series about capitulation. You can catch up here:

To CAPITULATE or NOT to CAPITULATE? That is the question. – Part 1: The Question To CAPITULATE or NOT to CAPITULATE? That is the question. – Part 2: The Answer To CAPITULATE or NOT to CAPITULATE? That is the question. – Part 2(b): (The rest of) The Answer

BTC short-term

BTC concluded its fairly

Bitcoin Technical Analysis: QUICK UPDATE

Merry Christmas all! Due to price dropping, I wanted to post a quick update. Yesterday I said we needed to see the daily candle close above the $4,120 resistance and the golden pocket (area between the 0.618 and 0.65 fib levels). Unfortunately, this didn’t happen. The bears we’re able to push it as low as the $3,800-$3,600 support.

Looking at the daily chart, we can see price is back below the 21 Day EMA. If the daily candle closes below this level, it might signal lower prices to follow.

In today’s video analysis I discuss where prices may be heading next, key

Bitcoin Technical Analysis: ARE THE BULLS BACK?

Bitcoin just broke above a key resistance at $4,120. It now seems to be acting as support. There’s strong resistance (supply zone) between $4,315 and $4,400.

Looking at the daily chart, we can see price approaching the 50 Day MA. It’s also hitting the top daily Bollinger band. Between the top daily Bollinger band and the $4,400 resistance, bitcoin has some work to do. A break above the 50 Day MA (on the daily chart) would be an extremely bullish sign of strength if confirmed with volume.

In today’s video analysis I discuss where price may be heading next, traps to avoid