In mid June, I wrote an article highlighting the important zones of play for Bitcoin. The major zones being $71,466 to the upside, and $61,832 to the downside. The chart above shows the price action of Bitcoin at that time. It was Fed week, and Bitcoin was bouncing at the interim support zone. In that… Read More »Bitcoin break sounds alarm for stock markets
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In mid June, I wrote an article highlighting the important zones of play for Bitcoin. The major zones being $71,466 to the upside, and $61,832 to the downside. The chart above shows the price action of Bitcoin at that time. It was Fed week, and Bitcoin was bouncing at the interim support zone. In that… Read More »Bitcoin break sounds alarm for stock markets
The post Bitcoin break sounds alarm for stock markets appeared first on Equity.Guru.
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
The post US Bitcoin ETFs begin first day of trading appeared first on Equity.Guru.
Coinbase shares were up 14% at one point today as investors were buoyed by a court ruling in a Bitcoin spot ETF case that could benefit the crypto exchange as well. The stock has given up some of those gains and this is very important for the chart which we will discuss below. With this… Read More »Coinbase stock attempts breakout on Bitcoin ETF optimism
The post Coinbase stock attempts breakout on Bitcoin ETF optimism appeared first on Equity.Guru.
After weeks of warning traders that bitcoin was going to dump hard because of a major technical break, the largest crypto has hit our first short target. $20,000 is a major zone people have been watching as it was the previous highs back in 2017. A picture is worth a thousand words, so the weekly… Read More »Bitcoin hits our first target! Is $12,000 next?
The post Bitcoin hits our first target! Is $12,000 next? appeared first on Equity.Guru.
Definitely not peak inflation. But my readers knew about that. The stock markets broke down on Thursday, leading many to say, “uh oh, tomorrow’s (Friday June.10th) inflation data is probably going to be bad”. And it was. Inflation accelerated in May, with prices rising 8.6%. The fastest increase since December 1981. This was more than… Read More »Inflation sees the fastest increase since 1981!
The post Inflation sees the fastest increase since 1981! appeared first on Equity.Guru.
Definitely not peak inflation. But my readers knew about that. The stock markets broke down on Thursday, leading many to say, “uh oh, tomorrow’s (Friday June.10th) inflation data is probably going to be bad”. And it was. Inflation accelerated in May, with prices rising 8.6%. The fastest increase since December 1981. This was more than… Read More »Inflation sees the fastest increase since 1981!
The post Inflation sees the fastest increase since 1981! appeared first on Equity.Guru.
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