If you want to find great plays during alt season, look for trend reversals and coins still under their 200 day EMA.
Cryptocurrency opinions, op-eds, speculation, and insights. Oh, my!
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.
Here is a look at what the 2018 – 2019 bear market could look like in terms of Elliot Waves. This rough sketch implies we are on a corrective 4th wave before the final 5th wave down.
Fidelity successfully launched their crypto clearly and custody company. Right now it is only for institutional clients.
After almost hitting Charlie Lee’s price target, LTC has gone on to breakout of some key resistance here in 2019.
There have been a lot of rumors that Facebook is developing a cryptocurrency for WhatsApp (one of the world’s most popular messaging services globally).
Coinbase will now list Ripple (XRP). Finally, it is really happening. XRP fans rejoice. XRP will start trading on Coinbase Pro first.