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BITCOIN PRICE: 3,145.23     HIGH: 3,260.26     LOW: 3,122.28

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Blockchain Day Emirates • December 15, 2018

Blockchain Day Emirates – is an event that brings together the world’s leading visionaries, innovators, and thinkers to explore new…

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About author: Daniel Bruno, Chartered Market Technician

Profiting When Bitcoin Plunges

Category: Price Analysis

Profiting When Bitcoin Plunges

The January 17, 2018 new moon is rewriting expectations and redistributing wealth in the cryptoverse and there are millions of dollars to be made in the panic. The January 31, 2018 super moon and eclipse could be a turning point back up. There are ways to take advantage of this; a trader shouldn’t care whether markets are up or down, as…

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Jack the Ripple: XRP Technical Analysis

Category: Altcoins, Commentary, News, Price Analysis

Jack the Ripple: XRP Technical Analysis

Ripple (XRP) has a great use-case story. Transaction speed, cost and overall scalability make it superior to bitcoin, as per the graphs provided by the Ripple twitter feed.  Many believe that Ripple’s superior use-case and good news regarding the Moneygram test pilot have propelled the recent rise in the coin’s price. On December 12 and 13, 2018, the chart gave…

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Ethereum Technical Analysis

Category: Commentary, Ethereum, Price Analysis

Ethereum Technical Analysis

Since late December, many crypto markets have been retreating or moving sideways as year end profits were booked. The author wrote about some of the risks and opportunities on December 22. On December 20 with ether at $800 I advised clients to go long, with a target of $1085 by January 1, on the eve of the January 2 full…

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Bitcoin Price Analysis: January 17’s New Moon

Category: Bitcoin, News, Price Analysis

Bitcoin Price Analysis: January 17’s New Moon

People are asking whether bitcoin will revisit $10,000 or even $5,000 in a crypto winter before mooning to $25,000 or $50,000. Last month, Ari Paul at Block Tower Capital placed a million dollar futures bet on bitcoin $50,000 by December 2018 just before the 30 percent price drop. He apparently missed the author’s memo from December 20, 2017. You can…

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Bitcoin Buy Risk and Opportunities

Category: Altcoins, Bitcoin, Commentary, News, Price Analysis

Bitcoin Buy Risk and Opportunities

The cryptoverse is awash in red, and it will not be over until there is some panic selling. Too many people are still too confident. On December 17, the author called the bitcoin top at $19,700 and closed all my longs. On December 20, the author called the bitcoin bear market here at BTCManager. The $14,700 downside target was met,…

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How to Create Bitcoins from Scratch for Hedge Funds

Category: Bitcoin, Commentary, News

How to Create Bitcoins from Scratch for Hedge Funds

Most bitcoiners have heard of bitcoin mining, hash rates, ASIC cards and the like. They say that if bitcoin mining were a country, it’s electricity consumption would rank above many countries. In fact, the profitability of bitcoin mining versus altcoin mining is one of the drivers of bitcoin and altcoin price volatility. Then there are exchanges that sell bitcoin for…

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Bitcoin Bears are Back!

Category: Bitcoin, News, Price Analysis

Bitcoin Bears are Back!

Some people will surely blame the CME for the 23 percent retracement underway… In this TradingView idea, the author called the $19,700 bitcoin top on December 17. The bull takes a respite. Both hourly and daily signals are bearish. As can be seen, the author called for volatility December 19. Volatility is to be expected when opposing trends collide. The…

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Ethereum Price Peaks at $627, Consolidation to $520 Likely

Category: Ethereum, News, Price Analysis

Ethereum Price Peaks at $627, Consolidation to $520 Likely

Finally! The cryptocurrency markets achieved another comprehensive advance on December 12, but — breaking from recent norms — the bitcoin price was not leading the rally. That honor belonged to the ether price and litecoin price, each of whom surged to all-time highs and helped catalyze a record day for the altcoin markets. Although ether has been in a sustained…

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