Bitcoin (BTC) Holding Support at 6,000 $BTCUSD Bitcoin held support above 6,000 in Tuesday’s trading; a Bitcoin BTCUSD, +0.37% was going for 6,232.88, down 1.1% since Monday at 5:00p on the Kraken cryptocurrency exchange. The price of Bitcoin has fallen 14% since the beginning of September. Currently, Bitcoin is trading at 6,287.25, -8.29, or -0.1317%, as of 1:21a BST, the market open. […]
Gold Prices Tap 19-Month Lows $GLD, $DXY, $USDTRY Gold has lost its appeal as a safe-haven during the past few months Commentary: Gold at 1175 reached important support, it will be important to see if the support 1175 holds near term or takes the price to much lower marks medium term. A bounce from 1175 is preferred […]
Bitcoin (BTC) the Pain Extends… $BTCUSD Friday all major digital coins posted losses. Bitcoin BTCUSD, -1.26% the world’s largest digital currency, was last changing hands at 6,385.77, down 1.9% since Thursday at 5:00 on the Kraken cryptocurrency exchange. The outlook for Bitcoin is weal. This chart is grim meaning there a way to go before this over. During […]
Bitcoin (BTC) Tapping at its 3-Week Lows $BTCUSD Bitcoin prices traded firmly lower Monday, after the digital currency at the weekend fell below 7,000. Currrently, Bitcoin is trading at 6,942.9448, -134.85, or -1.91%, as of 4:12a BST, the market is open. Since Friday’s high, the world’s #1 digital currency has lost $10-M in value, according to data […]
Bitcoin Bounced Off of its 2018 Lows $BTCUSD Monday, Bitcoin bounced up from it Y 2018 lows and breaking out of a 2-month downtrend. The world’s #1 cryptocurrency’s price jumped 12% from Friday, its biggest intra-day rise since April. Bitcoin had fallen as low as 5820.79 Friday, and moved higher at the weekend (Bitcoin trades […]
On Market Breadth and NYSE 52Wk Highs and Lows $DIA, $GLD, $SLV Here’s the Bear’s Eye View (BEV) for the Dow Jones (DJIA) going back to January 1982, a period of market history that covers the entire August 1982 to August 2017 market advance. What’s a BEV plot? It displays the market exactly as Mr […]