Bitcoin Correction Ready To Resolve
Bitcoin has been stuck in a corrective phase since late March which finally seems to be nearing its conclusion. Time for a quick market update!
Bitcoin has been stuck in a corrective phase since late March which finally seems to be nearing its conclusion. Time for a quick market update!
One of the things I love the most about quant trading, and digging into the numbers, is how it can often lead you in completely unexpected directions, some of them with significant profit potential.
If you are finding it difficult to identify possible price breakouts in altcoins then this video is a must-watch. I’ll show you a technical approach that combines two alpha factors: hourly open interest outliers + daily trading range based on 30-day standard deviation.
The dirty secret that professionals traders will never reveal to you is that price action is nearly impossible to predict.
That’s right – I’m back with a new market update!
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Wondering if Bitcoin’s latest price spike is just another fakeout… or if the bulls are back in town for good this time? Find out in my latest video market update HERE.
After a deep correction post the SEC’s approval of several ETFs Bitcoin is back on rampage and may be threatening the coveted $50k mark in the course of the next 10 days.
Okay I’m going to make this short and sweet: Odds have it you are trading the market – any market, be this stocks, crypto, forex, what have you – based on a completely flawed understanding of how it works.
As anticipated Bitcoin has resolved lower and has now reached a possible support zone:
Bitcoin has been pulling back over the past two weeks and is now approaching an important bullish/bearish inflection point: