Current BTC Price Action Reminiscent of Early 2012 and Mid-to-Late 2015
The above chart shows Bitcoin 2010 – May 2019. In my opinion the current price action is similar to 2012 and mid-to-late 2015.
Opinions and Op-Eds
Cryptocurrency opinions, op-eds, speculation, and insights. Oh, my!
Alts are in the Mode Where they Go Down when BTC Goes Down and Down When BTC Goes Up 😒
Altcoins are currently in a mode where they go down when BTC goes down and down when BTC goes up. That is never a fun part of the cycle for many traders and hodlers.
Last Minute Tax Tips for Crypto
Here are some last minute tax tips for crypto traders and investors in the United States.
BSV FUD Incoming
BTC dropped pretty quick alongside the market today. If I had to guess at the “why,” I would go with BSV FUD.
Crypto Corrections Can Be Harsh; Have You Planned for This?
Harsh corrections are the norm in cryptocurrency markets. Even in an uptrend there will be chunks of time where the whole market is down 10% or more (sometimes much more).
Wall Street Cheat Sheet Suggests We Could be Near the end of the Bear / Start of the Bull Cycle
Is it just me, or does this wall street cheat sheet chart look a lot like many alts and even BTC itself.
Crypto Search Interest is Way Up and Showing a Correlation With Prices
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.
Go BTC!
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 Breaks Resistance and Runs Hard
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.
Quick Advice for Crypto Newbies for 2019
Here is some advice for people new to cryptocurrency trading and investing here in 2019. Heed these words and avoid some major pitfalls.