6 days agoCreate your Own Crypto Trading ToolsBitcoin and Crypto Market Updates (May 22nd) The final squeeze? I also have some NFTs to add to your watchlist! The Final Squeeze? So last week I talked about the horrific market breadth and the rally in stocks only being concentrated in a handful of names… mainly being driven by the AI narrative. Last week the…Bitcoin8 min readBitcoin8 min read
May 15Trade Like a Pro With The Help of AIBitcoin and Crypto Market Updates (May 15th) BTC Weekly Chart (CME) — Resistance in the 29k — 32k zone — Support in the 24k — 25k zone. Looking at the weekly here we are tapping the 200MA. For me, this is a pretty simple/clean chart because we have a clean bullish invalidation scenario if we fall…Bitcoin9 min readBitcoin9 min read
May 8Weekly Crypto Update May 8thBitcoin and Crypto Market Updates (May 8th) Bitcoin Network Broken & Binance is blowing up? Typical Monday morning stuff from crypto… So let’s dive in. So bitcoin is facing some congestion issues and this seems to be driven by BRC-20 Tokens. A BRC20 token is basically a Bitcoin equivalent of an ERC20 token — So yes…Bitcoin7 min readBitcoin7 min read
May 1Weekly Crypto & Bitcoin Update May 1stBitcoin and Crypto Market Updates (May 1st) This is the week! A massive week for markets — On the agenda we have: Tuesday: AMD Earnings Wednesday: Powell / FOMC Thursday — AAPL Earnings AMD is super important due to the majority of this year’s rally in legacy coming from the chips sector. So chip names have a…Bitcoin7 min readBitcoin7 min read
Apr 24Weekly Update April 24thBitcoin and Crypto Market Updates (April 24th) BTC — It was a pretty grim week last week with BTC dropping over 10%. However, this resistance zone was a natural place to pull back after such a wild rise this year. Im only really concerned if BTC doesn’t hold the 24/25k zone. Plenty of support confluence in…Bitcoin8 min readBitcoin8 min read
Apr 18Weekly Update April 17thBitcoin and Crypto Market Updates (April 17th) Legacy market confusion but crypto and Alts get a pop! First, let’s look at crypto and get a check on market health — As commented last week we had BTC DOM hitting our long-term range high and we rejected nicely off that level last week while BTC consolidated —…Bitcoin9 min readBitcoin9 min read
Apr 10Weekly Update April 10thBitcoin and Crypto Market Updates (April 10th) Make the chop stop. No really, make it stop. BTC and BTC DOM have been in a sideways choppy pattern for nearly an entire month now. While this has happened, we’ve generally seen a bleed on Alts with some exceptions.Bitcoin7 min readBitcoin7 min read
Apr 3Weekly Bitcoin & CryptoUpdate April 3rdBitcoin and Crypto Market Updates (April 3rd) Bitcoin chopping… Legacy popping. Short bitcoin update today — This is simply because there’s not much to really report. We remain in a choppy state around this 28k level. I believe this is the interim top — might see a possible move to 30k here but realistically I think we’re…Bitcoin8 min readBitcoin8 min read
Mar 27Weekly Update March 27thBitcoin and Crypto Market Updates (March 27th) Chop Chop Chop Going to be a shorter market overview today as much hasn’t really changed from last week. We’re still seeing some key themes: - Alt weakness with DOM moving UP - BTC and ETH continue to chop in a brutal range - SPX / Legacy markets still…Bitcoin7 min readBitcoin7 min read
Mar 20Weekly Update March 20thBitcoin and Crypto Market Updates (March 20th) Bank contagion persists… Bitcoin remains strong. Over the weekend we had a shock announcement from the federal reserve: https://www.federalreserve.gov/newsevents/pressreleases/monetary20230319a.htmBitcoin8 min readBitcoin8 min read
