Richest People in World Are Not Traders, Says Michael Saylor

2022-5-27 18:23

MicroStrategy CEO is not bothered by not taking profit, when the opportunity was there

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Bitcoin SOPR Suggests Current Market Activity Resembles Early Bull Run Behavior

Despite Bitcoin reaching new highs, the BTC SOPR data may suggest current market activity resembles that of an early bull run. Bitcoin SOPR Shows Profit Taking Is Mild Despite New ATH As per the latest weekly report from Glassnode, the BTC SOPR shows that the current profit taking behavior of the market is mild, even though the crypto just reached new highs.

2021-11-3 22:00


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Bullish Case For Bitcoin: Profit Taking Turns Into Buying The Blood

Bitcoin price recently saw a $2,000 correction after months straight of surging. At the start of the selloff, signs pointed to profit-taking as the primary reason for the pullback. However, after greed turned to fear, big-money investors have begun buying the blood right out from under investors who are panic-selling the cryptocurrency at a loss. […]

2020-9-16 03:00


IOST / USD Price Analysis: Traders Taking Profit

IOST has a bearish short-term trading bias, with the cryptocurrency slipping below its 200-period moving average on the four-hour time frame The IOST / USD pair has bullish medium-term outlook, with price still trading above its 200-day moving average A bullish inverted head and shoulders pattern still remains valid on the daily time frame IOST […] The post IOST / USD Price Analysis: Traders Taking Profit appeared first on Crypto Briefing.

2019-4-25 16:59


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Bitcoin Price Analysis: Wait and See Where Recent Signs of Strength Lead

This week realized a big gain as bitcoin enjoyed a 25% rally from its local bottom before topping out around $4,400. Support currently appears to be established in the mid-$3,000s as the market remains indecisive over its next move:Figure 1: BTC-USD, Daily Candles, Current Support LevelFigure 1 shows the relevance of the current support level as it represents a previous support level that was never properly retested during last year’s parabolic bull market.

2018-11-30 01:45