Bitcoin Nearing Our $11,500 Target…Can Bulls Be Stopped?

In my last update we discussed the blue sky between where bitcoin was ($10,400) and resistance at $11,500. Bitcoin continues to close in on that target, reaching a new yearly high of $11,300. Daily volume seems healthy and steady at just over $20 billion.

Looking at the weekly, chart we can see price is again stretching the upper Bollinger band. We’re well above the 8 EMA. We can also see the gap between the 8, 21 and 55 week EMA is widening. This is a very bullish sign of strength.

While we look very bullish longer term, we are long overdue for

Is $11,500 the Next Stop for Bitcoin? Or is it Topping Out?

Just a Quick Update before I go to bed…I’m BEAT! I’ve read all your public and private messages on my various social sites. Thank you for the incredible support and love you’ve shown me. I apologize for not answering all your questions, but hope this video helps.

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 $10000

I do not think that this post needs much of an introduction. You saw the lat bubble, I have seen the last 6 six. The talking heads said bitcoin was dead (for the 300th time) and it has now risen like Jesus Christ on Easter Sunday. They said it was going to $0, and we have crossed $10000, again.

$100,000 here we come. Don’t listen to the TV…the want viewers not gains.

Bitcoin Breaks Out…Eyeing $10,000!

Yesterday I discussed a likely breakout to $9,700-$9,800. Today bitcoin has exceeded those targets, climbing as high as $9,930. Daily volume has spiked from about $15 billion to over $20 billion.

In today’s video I discuss where price may be heading next, key areas to watch, 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. Until next time, wishing you safe and profitable

Is Bitcoin Preparing for a Breakout?

Bitcoin seems to have confirmed a bullish ascending triangle pattern. That does suggest a break up, targeting approximately $9,750. This doesn’t mean it’s definitely going to break up. We know bitcoin has a history of painting bullish or bearish patterns, only to lure in guppies and take price in the opposite direction. Regardless, probability is in favor of a bullish break up to at least $9,600-$9,700. Volume remains lackluster as traders wait for confirmation of a larger move. I think that larger move will likely come in the next 48 hours.

Zooming out to a more macro level, we can see

Precious Metal Run

Gold has FINALLY broken out of its converging triangle by a significant margin. The breakout isn’t confirmed yet, but if Gold can close above $1360 today, then I think it will be a very strong indication that the breakout is real.

The converging triangle has been a prison for Gold for the last 5 years.

The general trend for Gold is a permanently bullish price increase. This is due to constant demand and the natural scarcity of the metal. A logarithmic plot shows how Gold broke away from a 12-year price trend in 2012, and has been lying dormant ever since. I

Garbage IPO of the Day: $ARLO

Arlo Technologies split off of its parent company Netgear and IPO’ed last August. As you can imagine, there was no risk involved and everyone made money…

Just Kidding. If you bought the first week you are now DOWN 82% on your investment. Believe me, I love these cameras. I have 5 of them around my house exterior and use them daily, however this just goes to show you that there are more powerful forces at play and everything has RISK! So don’t listen to the pundits on TV next time when you want to buy a crypto asset and let them

Analyzing Bitcoin, EOS, XRP, ETH, BNB, LTC and BAT: Quick Updates

Bitcoin continues to trade above $9,000 as volume declines. We’re seeing strong resistance between $9,400-$9,600.

In today’s video I analyze Bitcoin, EOS, BNB, ETH, XRP, LTC and BAT. We’ll discuss where prices may be heading next, key areas to watch, traps to avoid and so much more. I hope you find it helpful.

Video Analysis:

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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Another Tidbit of Wisdom… $AAPL

Markets are hard. No one has ever denied that. The second you think you are performing well and do not stick to a strict set of rules is likely around the same time (or seconds) that the market smacks you right in the face.

In order to succeed in the market across ALL time frames you have to get the trend right. Well your in luck. We are at a very pivotal point in the US Equity Market that the trend will be decided soon enough (more than likely). $AAPL is going to be our prime example here in analyzing

Being Ambitiously Lazy and Having Success

How can someone be both ambitious and lazy, wouldn’t one effectively cancel out the other?
Ambitiously Lazy
Most people consider me ambitious, they also consider me to be a hard worker. They have this idea that I’m hustling all the time because I have the ambition to pursue multiple things.
This may have been true in my twenties, but in my early forties – not so much!
Don’t get me wrong, I still bust my butt. However it’s selective and only with things that I can be lazy with after they are established.
Examples:
Real Estate – You have all seen me post about real estate investing.