Category: Market Moment

Bitcoin bulls beware! Topping pattern to trigger more downside?

You know I was hoping to enjoy this weekend off from charts, but I could not help myself. Many traders, even just for curiosity, had their eyes glued on the bitcoin chart given the Israel-Iran tensions over the weekend. Before the markets closed for the weekend, they did sink as the Iranians said they were… Read More »Bitcoin bulls beware! Topping pattern to trigger more downside?

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Bitcoin on the path to new all time record highs

Bitcoin has topped $57,000 for the first time since 2021. And from a technical perspective, the world’s largest cryptocurrency is on the path to printing new all time record highs. In terms of fundamentals? The Bitcoin ETF. This was the catalyst many bitcoin bulls were waiting for. An ETF makes bitcoin ‘legit’ in the eyes… Read More »Bitcoin on the path to new all time record highs

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US Bitcoin ETFs begin first day of trading

Bitcoin bulls have been waiting for this news. The biggest catalyst touted by Bitcoin traders and investors was the SEC approving US Bitcoin ETFs. That day has come and US Bitcoin ETFs have begun trading today. The SEC approved the first ever batch of Bitcoin ETFs to come out of the US with the green… Read More »US Bitcoin ETFs begin first day of trading

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Bitcoin to $50,000 by year end?

Back on October 24th 2023, I laid out my technical analysis for Bitcoin and told the bulls that a major breakout had triggered. The breakout zone was the $31,000 zone and I expected upwards momentum while the price of Bitcoin remained above this price level. In that article, my next resistance zone came in at… Read More »Bitcoin to $50,000 by year end?

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Coinbase Stock (COIN) to Pull off a Robinhood as Bitcoin Rises?

Coinbase stock (COIN) is pulling off a very important technical break right now during trading hours! Depending on how we close today, Coinbase stock may initiate a new uptrend! Something a lot of people have been patiently waiting for. Will Coinbase pull off a Robinhood?     I compare the two because many traders do… Read More »Coinbase Stock (COIN) to Pull off a Robinhood as Bitcoin Rises?

Coinbase Stock (COIN) to Pull off a Robinhood as Bitcoin Rises?

Coinbase stock (COIN) is pulling off a very important technical break right now during trading hours! Depending on how we close today, Coinbase stock may initiate a new uptrend! Something a lot of people have been patiently waiting for. Will Coinbase pull off a Robinhood?     I compare the two because many traders do… Read More »Coinbase Stock (COIN) to Pull off a Robinhood as Bitcoin Rises?

Coinbase Stock (COIN) to Pull off a Robinhood as Bitcoin Rises?

Coinbase stock (COIN) is pulling off a very important technical break right now during trading hours! Depending on how we close today, Coinbase stock may initiate a new uptrend! Something a lot of people have been patiently waiting for. Will Coinbase pull off a Robinhood?     I compare the two because many traders do […]

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