0.382 Holding As Support For BTC
BTC has been consolidating on top of the 0.382 fib after pulling back in from the 0.618 in 2019 measuring from the top of the 2017 bubble to the bottom in 2018.
Bitcoin (BTC)
Bitcoin is the most commonly known cryptocurrency. It’s a decentralized digital currency that is secure and private and can be used in transactions worldwide. It carries with it a number of pros and cons and is currently rather volatile.
In this section we discuss everything Bitcoin including how it works, what it’s worth, how you can “mine Bitcoin”, and more.
Mnuchin Holds Briefing on Regulating Cryptocurrency (and Confirms Bitcoin as an Investment in Regulated US Exchanges)
After Libra’s announcement, and the President and FED chairman speaking out on Libra and Bitcoin, Treasury Secretary Mnuchin held a briefing to provide clarity on crypto.
What the Bull Run From 2015 – 2017 Looked Like Compared to 2019
Drops of about 38% were common in the Bitcoin bun run of 2015 – 2017. In other words, Bitcoin commonly retraced to the .382 fib level. Could the same happen in 2019?
Fed Chairman Powell Pumps Breaks on Libra and Discusses BTC
Federal Reserve Chairman Jerome Powell discussed Libra and BTC before a Congressional committee in a semi-annual testimony on monetary policy.
ErisX Gets CTFC Approval For Bitcoin Futures
TD Ameritrade-backed Bakkt competitor ErisX just got a necessary approval from the U.S. Commodity Futures Trading Commission (CFTC) for its Bitcoin futures product.
Bitcoin 2010 to June 2019
Here is a chart of Bitcoin since it started trading (so BTC 2010 – 2019). This can help you visualize how the recent run looks in comparison to the history of Bitcoin.
You can Now Withdraw and Deposit Bitcoin on Cash App
Sqaure’s Cash App will now let you both withdraw and deposit Bitcoin. In other words, Cash App is now an “off ramp” and “on ramp” for fiat.
Why is Bitcoin Pumping Harder Than Alts
Altcoins, especially low caps, have been taking a beating while Bitcoin makes its run toward great heights and ETH keeps pace.
Wall Street Cheat Sheet Bitcoin 2016 – 2019
Here is Bitcoin from 2016 – 2019 overlaid on top of the Wall Street Cheat Sheet. So, is this the correction after disbelief, or no?
Using Bollinger Bands For Automated Trading
We discuss how to use Bollinger Bands for automated trading. The key to creating an effective Bollinger Band strategy is finding the right parameters.