Category: Trading
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Bitcoin Needs To Step Into Its True Identity
Bitcoin Revisits Previous Lows Yesterday, we saw quite a significant dump for BTC as the CPI figure came out. Yet another disappointing outcome, as inflation stubbornly refuses to budge. As I have said, expect to see the $19K support being lost. It won’t be long before this enormous pocket of liquidity gets plundered by the…
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Cryptocurrency – Delayed Realization & The Stage Of Confusion
I Thought Bitcoin Was A Hedge Against Inflation? This has been brought up numerous times throughout the mainstream media, as well as the Crypto media. People are disappointed, confused, and perhaps disillusioned. It seems people don’t really understand that “beating inflation” is measured over time. Gold once fell into this category. However, I don’t believe…
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Bitcoin – Analysis & The State Of The Market
FED Pivot? The market appears to be getting bullish. However, this seems to be yet another “false” indication. I know that there is a lot of positivity due to a possible FED pivot, and the fact that the whales have once again begun accumulation. However, these are isolated scenarios, lacking confluence. Firstly, the FED doesn’t…
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Why The Next Bitcoin Crash Could Be Moments Away
The Set Up While everyone has become rather frustrated in regard to the Bitcoin price, there is another element of this story that may not necessarily be that obvious, especially to those who do not understand or practice TA. What has been perceived as “boring” and frustrating is actually turning out to be the formulation…
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Regulatory Uncertainty Enhances Market Weakness – An Easy Hand To Play
Driving Forces Markets are directed by rather simple dynamics, which are in many ways aimed at influencing the emotions of market participants. If you want to see the price of tomatoes go through the roof, create a shortage. If you want to see the share price of a certain stock fall, simply restrict business operations…
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Crypto Is About To Enter A Sweet Spot
Incorrectly Interpreting Data Leading up to the Merge, many were extremely bullish. Ethereum had just hit $2K and it had just been announced that BlackRock was about to enter the space in a very “real” way. Long-term, this is bullish. However, in the short term, it was a clear sell indicator. The majority of the…
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The Dollar – Investors Vote With Their Wallets
DXY Continues To Surge It has long been said that in times of trouble and uncertainty, investors move into gold, as a safe haven asset. This trend has been silently dying, in my opinion. The idea that gold is no longer a store of value is something that I have addressed at length in some…
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Bitcoin – Let’s Get Back To The Charts
Time For An Update I have not presented any technical analysis for a week or so, due to the fact that nothing had really changed. In many ways that is still the case. There are a number of traders out there who are becoming rather bullish with October only a few days away. October is…
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Crypto – It’s Time For The Speculators To Make Way For The Earners
No Stability To Be Found Financial markets and economies are in a state of chaos, despite the reassurances being offered by certain politicians and the like. I understand that the primary objective is not to cause alarm and panic. However, how can citizens prepare themselves if they are led to believe that everything will simply…
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Bitcoin Dominance – It’s Not Quite As It Seems
Generally A Good Indicator Bitcoin dominance is often utilized, especially by traders looking to discern the next altcoin season or rally. It has been a fairly good indicator over the years and still holds incredible importance when it comes to navigating the altcoin market. If you are one of my more regular readers, you will…
Sapphire Crypto 