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Bitcoin’s Correlation to Traditional Markets Could be Problematic, Analyst

Author and financial analyst, Timothy Peterson, believes that Bitcoin’s growing correlation to Japan’s MSCI could end badly if traditional markets sharply correct. Bitcoin Correlation in Japan’s Markets Timothy Peterson, the author of Metcalfe’s Law as a Model for Bitcoin’s Value, recently tweeted a chart comparing the MSCI Japan in USD to Bitcoin in JPY from July 2014 until July 2019. дальше »

2019-7-16 22:00


Bitcoin Price: Bulls Under Pressure to Break $8.2K in Rising Wedge

Bitcoin buyers appear to be eyeing the psychological $8,200 level above today, but fears of a rising wedge reversal could put an abrupt end to the rising price. Let’s take a closer look. Bitcoin 4-Hour Chart On the 4-Hour BTC/USD chart, the price appears to be consolidating inside a bearish rising wedge pattern between two pinching trendlines. дальше »

2019-6-13 19:15


Litecoin (LTC) weekly chart resembles the November 2017 chart – Is a parabolic move underway?

History almost always repeats itself, and in the case of Litecoin (LTC), this could be happening at the moment. From a look at Litecoin (LTC)’s chart between the 12th June 2017 and 20th November 2017, one can see a striking similarity to LTC’s price action between 4th February 2019 and the last weekly candle that […] дальше »

2019-5-25 17:05