Even China and JP Morgan CEO could not destroy Bitcoin.
Bitcoin dropped more than 25% after the news that China would ban all the Bitcoin trading activity in its country. Chinese investors and speculators fled. JP Morgan CEO came out and call it a fraud. Bitcoin looked so vulnerable.
It’s now flirting with the $6,000 mark.
Dividend Stocks Stock dividends are a great way to increase earnings in a low interest rate environment. Combined with the covered call writing strategy, we can increase our returns on investment and minimize the downside risks at the same time. If you don’t need the income from dividends now, you can…
What is a Renko chart and how does it work? Renko charts are a type of trading chart that eliminates minor price fluctuations, allowing traders to concentrate on the big picture. They’re comprised of Renko bricks that move at a 45-degree angle to each other up and down. A Renko…
Overview Not very much has changed since last Friday. The market sentiment is still cautiously bullish even though more and more people expect the market to correct soon. In today’s SP 500 Futures Renko char, it is apparent SP 500 Futures closed at a all time high. It cleared the…