Jan 9, 2017
Bitcoin In the previous column I suggested that the long-term chart for Bitcoin looks positively charming, to me. But that is not to say that the short-term looks the same J. Let’s look again at an 8-day chart, now that …
Bitcoin In the previous column I suggested that the long-term chart for Bitcoin looks positively charming, to me. But that is not to say that the short-term looks the same J. Let’s look again at an 8-day chart, now that …
Bitcoin Well, what a difference a day makes, as the saying goes…. Those who follow this column regularly will notice that the 8-day chart looks different. I noticed last night that if the bull setup is expanded to include the …
Bitcoin Would you look at that… Those bars are each 8 days long. Bitcoin has not seen a red candle since August 2016. The resistance I spoke of earlier at $1030 (3rd arc pair) has been decimated, as has the …
Bitcoin As regular readers of this column will realize, we have been discussing the $1020-1030 area for several weeks as a likely place to see a trading opportunity on the short side. Well, we are now there. At the top …