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No Kevin, Bitcoin will NOT bite the dust

January 13, 2019 Published by

“…I have also yet to hear a single intelligent challenge to this argument from the bitcoin community. Instead, the typical response has been personal abuse. Name-calling is no substitute for a reasoned response.”~ Kevin Dowd. Source: https://www.coindesk.com/bitcoin-will-still-bite-the-dust

CHALLENGE ACCEPTED

Kevin Dowd, a professor of finance and economics, wrote an article titled “Bitcoin Will Still Bite the Dust” which was published on www.coindesk.com on 13 January 2019. It’s based on a 2015 paper of the same name which he co-authored.

I haven’t read the 2015 paper and I certainly don’t intend to. For me the article alone was cringe-worthy. It contains statements in support

Perhaps the best performing Crypto this week…

January 12, 2019 Published by

…I am speaking about TRON [TRX], which, despite the polemic created lately for the declarations done by a Former Director of the TRON Team, TRON has managed to grow from 300 to 846 satoshis in just 15 days…

Personally, after this great “campaign”, I have decided to sold part of my TRON stake, maximizing my BITCOIN benefits :-)… Following the “Money Flow”, TRON is falling towards the 61.8 FIBO level very rapidly… However, I would expect a deeper correction…

An Interesting Level for considering a new entry is 515 Satoshis . Will see.

Enjoy!

Bitcoin and EOS Technical Analysis: WEEKEND UPDATE

January 12, 2019 Published by

Bitcoin is consolidating right on top of the $3,600 support zone. Should price decisively break below $3,600, the next relevant area of support is between $3,400 and $3,250.

In my last EOS update, I pointed out the larger wedge it was consolidating in. I told you it would likely make a larger move as EOS approached the apex. The following day, price broke down from $3.00 to as low as $2.30. It then sightly rallied to the $2.45 support zone. EOS continues trading around $2.45 at the time of writing this update.

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

BITCOIN: Bye Bye to iHS…

January 10, 2019 Published by

…but only for the moment

What we are contemplating now is the “building” of the last leg of the correction, which I expected since a week ago…

The question for me now is how deep BTC will fall in order to complete the “C” leg…

As I am stick to the plan that this is indeed a 5-3-5 Zig-Zag correction, the “C” leg should finish than the “A”, which finished at 61.8 Fibonacci’s Level…

So for the “C” I would expect a “Healthy” price corresponding to the next FIBO Level (78.6%) which is 3367 USD.

Let’s “sail” the new stream

@toofasteddie

*Disclaimer: This is just

BTC – 10 Jan

January 10, 2019 Published by

I’m back from vacation. (Did you miss me?) Time to catch up the last few days and to look ahead a few more.

BTC is growing increasingly comfortable with climbing in price. The pattern is looking more and more like post-capitulation growth.

https://mentormarket.io/bitbrain/to-capitulate-or-not-to-capitulate-that-is-the-question-part-2-the-answer/https://mentormarket.io/bitbrain/to-capitulate-or-not-to-capitulate-that-is-the-question-part-2b-the-rest-of-the-answer/

My suggestion is still to remain wary of the possibility of a Dead Cat Bounce, though I don’t see BTC dropping below $3000 even if that does happen. I’ll do a longer-term prediction post soon.

Looking at the charts today we see a downwards correction after some rapid growth. The growth phase occurred after a converging triangle which took about

EOS Technical Analysis: Is EOS Preparing to Move?

January 9, 2019 Published by

EOS has been consolidating for over a week now. It’s being squeezed within a wedge and looks like it may make a larger move in the next day or 2.

The 4 hour RSI is also being squeezed, suggesting a larger move to come.

In today’s video analysis I discuss, where price my be heading, traps to avoid and so much more. I hope you find it helpful.
Video Analysis:

If you don’t see the above video, navigate to TIMM (https://mentormarket.io/workin/) or Steemit in order to watch.
I hope this has been helpful. I’d be happy to answer any questions in the comment section below.

BITCOIN: In the Neckline of the “inverted Head and Shoulders”

January 8, 2019 Published by

Many people ask me why lately I only use BITCOIN in my daily analysis and why not to search for other good altcoins willing to “Pump” and generate quick profits…

Quick and easy answer, because BITCOIN is the reference Crypto, still and, despite I am strongly convinced that there are much better 2nd or 3rd generation blockchains as STEEM, EOS or the like… I cannot deny the supremacy of the “king” besides is “beauty” in being the great invention of this, our beloved Blockchain technology…

Having said that, and coming back to the usual post topic here that is the TA analysis

Bitcoin Technical Analysis: QUICK UPDATE…More Watching and Waiting

January 8, 2019 Published by

Bitcoin remains above $4,000, which is impressive considering how weak overall volume has been.

Long positions remain stacked while short positions continue to fall off.

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

If you don’t see the above video, navigate to TIMM (https://mentormarket.io/workin/) or Steemit in order to watch

I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading!
Workin
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BITCOIN: Hesitance and Low Volume

January 7, 2019 Published by

Still volume so small, drawing what is seems to be a shy bull flag after the 5 minutes move upwards yesterday…

Someone may say that is Bullish signal, some may say that it has been only a “manipulation” movement willing to trigger the upwards constant move but…it seems to be only a few big buying orders willing to move the market indeed…

We are still far from being out of danger despite BTC is moving above the 50 EMA oat the 4h-chart…

I’m still considering a final move upwards before correcting long down…

Remember, two options, either BTC crosses the “Neckline” of the inverted

Investing May Be Simple Than It Seems

January 7, 2019 Published by

As I fly across the atlantic 38,000 feet in the air with no internet I find myself left to my own devices to create content.
Normally one can research a topic, reference their prior works or analyze a price chart.
This is sort of good though.  There is a quote, I believe it was Benjamin Franklin, but don’t quote me on that and the general idea of it is that man is never more resourceful when left to his own device.
I feeling that a bit now as I am disconnected and don’t have the laptop with me that has all my files. 

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