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January 17, 2018

Where Is the Next Level of Support for Bitcoin?

The bloodbath continued. Bitcoin is now below yesterday’s low.  It hit $9,005 earlier today. Talks about South Korea and China proposing a ban on the Bitcoin trading exchanges are hitting […]

January 17, 2018January 24, 2023

Is the Euro Gathering Forces for Another Upward Move?

The euro is consolidating between 1.22 and 1.23 after its recent bullish move from 1.1930 to 1.2296 since last Thursday. Last night, we had another buy order opened during the […]

January 16, 2018January 24, 2023

Dimoncator: Bitcoin Is Down Almost $9,000 from the All Time High

It’s getting worse. I think we could have a Bitcoin indicator called Dimoncator, named after the J.P. Morgan Chase CEO, Jamie Dimon. Why? Here it is.  It appears the CEO […]

January 16, 2018

Worries over South Korea Sent Bitcoin below $12,000

This is bad.  Bitcoin is now trading below $12,000.  Last week, Buffett came out and said the cryptocurrencies would somehow end badly in the end.  South Korea continued its investigation […]

January 16, 2018January 24, 2023

The Euro Takes a Breather after a Fantastic Bullish Run Since January 11th

The party is temporarily over for the euro after it has risen over 300 pips from 1.1930 to 1.2296 since last Thursday.  We have had 3 profitable trades in a […]

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