Is it just me, or does this wall street cheat sheet chart look a lot like many alts and even BTC itself.
Cryptocurrency opinions, op-eds, speculation, and insights. Oh, my!
Crypto search interest and so are prices. Google search interest has been a reliable indicator of crypto sentiment, typically an increase in search interest correlates with an increase in price.
BTC hasn’t exactly taken us out of the bear market yet, but man is it looking good. This is almost the cleanest breakout we have had the entire bear market since the top.
BTC broke $4.2k resistance and then ran hard up to $5k as shorts closed, stop buys hit, and people jumped in. Alts lagged behind, but all things considered, the market had a nice rally.
Here is some advice for people new to cryptocurrency trading and investing here in 2019. Heed these words and avoid some major pitfalls.
If you want to find great plays during alt season, look for trend reversals and coins still under their 200 day EMA.
The crypto market has been pretty bullish lately, and looking at charts it is easy to see why.
Bitwise has come out with an amazingly telling report on the true nature of the crypto markets in terms of volume.
This chart looks at BTC from 2013 – 2019 and beyond using fib levels. You can see the 2013 market cycle looks a lot like the 2017. Does that pattern repeat?
Maker (MKR) and its stable coin DAI have been in the works since 2015, but they have really shinned during the 2018 bear market. MKR and DAI have been added to Coinbase, and MKR is now a top coin by market cap in 2019.