Bitcoin Heading Much Lower
Slope of Hope Blog Posts
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Bitcoin Low Here?
I was saying on Wednesday that I was likely to do a crypto post at least once a week in future, and here is the first, as crypto is looking very interesting today.
I’ve been covering BTCUSD, ETHUSD & SOLUSD every day in my premarket videos but haven’t actually done a post on crypto before so those are the three I cover in detail,
Of those three obviously Bitcoin made a big new all time high in March and since then has been consolidating, with three close to that high retests in April, May and June, and then making a new low for this consolidation this morning.
(more…)Bitcoin Bounce Coming
Looks like a hammer formation……..
One Holiday, Two Markets
Greetings from my United flight (hey, I’ve got puts – – that feels odd) as I head back home to my beloved Palo Alto. We prepare for our one-day-trading week on Friday, and for obvious reasons, the futures markets are as dead as a doornail. Here’s the /NQ, which has flatlined since regular trading closed.
Bitcoin Matters
From the start of 2024 until early March, Bitcoin (and all crypto) went straight up, which was massively encouraging to the crypto weirdos, who collectively still pretend BTC is anything but a gambling token. Since then, things haven’t been so great, and although these yo-yo’s will argue how much money you would have made if you bought BTC in, I dunno, 2016, the fact is that in recent days and weeks it is bleeding out.
