Be Wary of Bears, Be Very Wary of Bears
One might want to beware, be very wary of bears. Not just because bears are sly, but because many crypto pairs are setup to rise.
Cryptocurrency opinions, op-eds, speculation, and insights. Oh, my!
One might want to beware, be very wary of bears. Not just because bears are sly, but because many crypto pairs are setup to rise.
Sometimes HODL is said to mean “Hold On for Dear Life.” There is some confusion over the validity of this, but I have found a solid answer. Comment #119 on I AM HODLING, the post the HODL meme comes from, says “HODL = Hold On for Dear Life.” That comment was written on February 18th 2013, only 5 days after the original post.
Here are some inspirational quotes from the famous December 2013 BitcoinTalk forum post “I AM HODLING” which inspired the HODL meme.
The crypto market cap, or more specifically the cap of the top 10 cryptos, looks like a giant falling wedge for most of 2018. A falling wedge is generally a bullish reversal pattern.
XRP has been on a run for the past few days. This is likely due to excitement over the upcoming xRapid system. To understand why that is the case, you have to understand what XRapid is and how it relates to XRP.
Bitcoin has been forming a triangle wedge type thing for all of 2018. The tip is coming to a point and logically something probably has to happen soon, probably.
Cryptocurrency traders have decided CNBC Fast Money’s Twitter calls work as a counter indicator. Meaning if the tweet is bullish, go short, and if the tweet is bearish, go long.
Bitcoin (BTC) has been trapped under a few important moving averages for most of the 2018 bear market. These Moving Averages have mostly been acting as resistance. To start a new bull trend and ward off more bear, we need to turn these resistances into supports.
Anyone following the hype surrounding Bakkt is probably trying to figure out exactly what, “physically delivered Bitcoin futures contracts” are. The answer: Just what they sounds like.
The premiums on GBTC and ETCG just keep getting lower and lower as the crypto bear market drags on. If crypto recovers, finding the bottom of these could be epic.
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