Tag Archives: bull

Is The Worst Over For Bitcoin?

September the 4th is arguably the worst day for Bitcoin investors. After reports that Goldman Sachs was suspending its Crypto trading desk made rounds, the world’s biggest Digital Currency lost $400 in a matter of hours. It consequently fell below the $7,000 mark and has never recovered fully in the short term. However, over a […]

Technical Analysis – break out or break down? CW #41

Bitcoin has once again broken out of the downtrend channel that started in February earlier this year. It is the seventh time now that Bitcoin is making such a move. So while many traders are bullish already, a look at this chart should discourage any premature optimism about a rally. In any case, the downtrend channel […]

Bitcoin moves up – Crypto Markets again Tethered?

Tether just brought $250MM USD worth of Tether into circulation. In only a few hours price moved from $6,120 to $6,330. When new Tether gets ‘printed’ it has always led to an uptrend in the charts of the most relevant cryptocurrencies. The Tether address to watch You can see that the ‘Tether-printing’ address just sent […]