Tag: bitcoin

The Future Is Decentralized

Weekly Technical Analysis – 6 April 2018

Overall Sentiment The overall market continues to grind lower and bitcoin dominance has recovered some losses since the beginning of the year. Bitcoin continues to hold the title of digital gold and a safe haven asset for cryptocurrencies when uncertainty, fear and selling start hitting the crypto markets. Bitcoin vs The Dollar The long term…
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Apr 6, 2018 0

What is a Cryptocurrency?

What is a currency? Before we get into the details about cryptocurrency let’s briefly define what a currency is first: Store of value Unit of account Medium of exchange Store of Value Money has value if it is scarce, in other words if it has a limited supply. Too much of something usually reduces the…
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Mar 22, 2018 1

Altcoins or Bitcoin? Trade the Cycle

Altcoins or Bitcoin The ETHBTC chart continues to show signs of strength. The majority of my portfolio was moved into Ethereum at the beginning of December. I didn’t quite catch the bottom but it’s become a lot clearer that this chart is essential in figuring out when to move into altcoins and when to be…
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Feb 13, 2018 0

Weekly Technical Analysis – Feb 6 2018

Technicals: Has bitcoin turned the corner against the dollar? Indicators are favourable and volume is strong heading into the close of today’s candle. The major bull trend is still in tact and reminds me of the great bull run of 2013 and the 80% pullback we had in April that year. The RSI is also…
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Feb 6, 2018 0