Tag: bitcoin
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Quick Bitcoin Update
Quick Bitcoin Update Since peaking at $126,000 in early October, Bitcoin (and the entire cryptocurrency market for that matter) has been in a free fall. After failing to hold the $110,000 support level, Bitcoin is now trading at $88,000. This represents a 30% peak price to current value drawdown. Given the current market structure, it’s…
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Navigating the Crypto Market: From Breakout Trades to Long-Term Accumulation
Navigating the Crypto Market: From Breakout Trades to Long-Term Accumulation Introduction The crypto market is a constant cycle of euphoria and fear, rewarding those who can adapt to shifting conditions. My approach has always been rooted in technical signals, focusing on trend strength, volume, and momentum indicators to guide both trading and investment decisions. This…
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Post-Election Crypto Surge Fizzles: Is the Bull Run Over or Just Taking a Breather?
With President Trump winning the 2024 election, the buzz around crypto was high, and expectations for price increases were even higher. The spike in crypto prices following the November 6th election looked like the breadth thrust that was going to propel the entire market to new all-time highs. And from November 6th to mid-December, that’s…
Follow the Money, Trade the Trend 