Bitcoin – The future becomes clearer

Old age is difficult. I went to my PC to type my blog post – topic firmly in mind. After finally catching up on all recent post comments, other interesting posts and typing a few replies… … I had no idea what my topic was anymore. Fortunately I keep a long list of “topics I will one day get to” – so I opened up my list and picked one. As I was about to start typing, I glanced at the BTC chart and noticed something I hadn’t noticed before. One more topic change later and here we are! Today

Bitcoin – The future becomes clearer

Old age is difficult. I went to my PC to type my blog post – topic firmly in mind. After finally catching up on all recent post comments, other interesting posts and typing a few replies… … I had no idea what my topic was anymore. Fortunately I keep a long list of “topics I will one day get to” – so I opened up my list and picked one. As I was about to start typing, I glanced at the BTC chart and noticed something I hadn’t noticed before. One more topic change later and here we are! Today

Bitcoin Technical Analysis: Continuation of the Bear Market or Bear Trap?

Yesterday Bitcoin tried breaking above the $4,120 resistance on Coinbase. While price was able to briefly wick above, it was unable to decisively penetrate. The bears quickly pushed it back below $4,000. Even though we watched price drop nearly $400 in 4 hours, volume remains relatively strong in comparison to just 2 weeks ago. In…
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Bitcoin and EOS Analysis: QUICK UPDATE

Bitcoin has been unable to break above the $4,000 resistance (Coinbase). Volume ’s dropped off slightly, which was expected. Price is currently trading round $3,900. it looks like we may see one more attempt to breach $4,000. If that fails, I’m expecting a drop back at least $3,800. EOS has been impressive these past few…
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Trybe TV – Bitcoin and EOS Analysis: CAN THE BULLS KEEP RUNNING?

Bitcoin broke above key resistance at $3,800. It’s now eyeing a very strong resistance zone between $4,000 and $4,120 (Coinbase). Daily volume remains strong at $9.9 Billion. This is the highest we’ve seen since May of 2018. EOS easily took out the $3.00 resistance and is now eyeing $4.00. It started creating higher highs, all…
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BTC/Crypto Fib level-based analysis

With the rapid spike in crypto prices, it’s my job to attempt to predict the next move in the markets. I’m attempting that by means of Fib analysis.

Let’s start with my previous prediction:

On 10 Feb I wrote this post – also about BTC Fib levels (as you can probably tell from the title!): Bitcoin – Fib levels. In that post I predicted price drops to previous levels – on charts such as this one:

or even this one for capitulation events:

…but knowing crypto like I do: I included these clauses:

For the record: I estimate that BTC will do something similar to what is shown on

Trybe TV – Bitcoin Technical Analysis: BREAKOUT IN PRICE AND VOLUME

Bitcoin has broken above the $3,600 resistance, and is now testing $3,800. This breakout was backed by a very bullish increase in volume. Looking at the daily MACD, we’re seeing some slight bearish divergence. This suggests we could see a pull back. Should that happen, I’d watch for support around $3,700-$3,650. The daily chart also…
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Bitcoin Technical Analysis: QUICK UPDATE

Bitcoin broke below the $3,600 support (on Coinbase). It’s now testing the prior order block between $3,580 and $3,540. Should this break down decisively (4hr candel opening and closing below), I believe a drop to $3,400 will become likely. Looking at the 4 hour chart, we can see the 8, 21 and 55 day EMA’s…
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Bitcoin – Fib levels

I have complained over and over again about the tricky 2019 Fib levels. Well I went out and did something about it – I found them.

Yesterday I made it very clear that BTC was in a channel and that it should be viewed diagonally to make sense of it:

“Hear me clearly when I say this: BTC is not using horizontal support and resistance levels at the moment; it is using diagonal ones.“

That post dealt with a broad channel. Today I want to dig a little deeper into the levels. I want to show them to you.

I actually found the levels some

Bitcoin Technical Analysis: BULLS HANG ON…FOR NOW

Bitcoin has managed to hold onto most of it’s gains over the past 3 days. As of writing this, $3,600 is acting as support once again. Volume has slowly dropped off as many are waiting to see if this was a bull trap. Looking at the daily chart, we can see price found resistance right…
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