Tag: money

Coinbase stock attempts breakout on Bitcoin ETF optimism

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

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Bitcoin hits our first target! Is $12,000 next?

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?

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Inflation sees the fastest increase since 1981!

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.

Inflation sees the fastest increase since 1981!

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.

Has bitcoin bottomed? Is a new uptrend beginning?

Bitcoin and cryptocurrency fans have a reason to celebrate. From a technical analyst perspective, the bottom has been confirmed. What happens in the next few days becomes highly important for bitcoin and the cryptocurrency space. Luna 2.0 has been the talk of the crypto space in recent weeks. Well, news today states that Luna2 surges… Read More »Has bitcoin bottomed? Is a new uptrend beginning?

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Is Bitcoin heading below $30,000?

I am not too popular with the Bitcoin crowd after warning Bitcoin bulls that the crypto, and other cryptocurrencies, move as a RISK ON asset. For more on this, check out this article where I provide a real life case study of gold vs bitcoin pertaining to the Japanese Yen. Guess which asset Japanese money… Read More »Is Bitcoin heading below $30,000?

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Hey bitcoin bulls! Is bitcoin really superior to gold? Then explain this!

I realize that this post might trigger some people, but I have no intention of further dividing people into team gold or team bitcoin. All I am trying to do is open and facilitate a discussion involving some critical thinking. All based on evidence that anybody can see by looking at the charts. In this… Read More »Hey bitcoin bulls! Is bitcoin really superior to gold? Then explain this!

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