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Bitcoin Remains Neutral Since August 8
There has been sideways price action for Bitcoin since August 8. I think the market doesn’t have a clear direction, but in the short term Bitcoin is trending up. Bitcoin needs to break above $63k to trend up higher here, but I just don’t see the bullish signs for the breakout. The August monthly candle […]Read More
Weak Cup and Handle Pattern forming for Altcoin Market
There is a cup and handle pattern forming for the Altcoin market. This cup and handle pattern is a pretty weak one because the Altcoin market failed to reach the white resistance target around $992 billion. There is a handle pattern forming here though, and I would closely monitor the price action here. I don’t […]Read More
Little Price Movement for XRP Despite Recent SEC Victory
XRP has experienced little upside despite winning a longstanding legal battle against the SEC. I was hoping XRP would finally start to move after many years of sideways price action. We have recently observed FUBO spike up 67%+ in 2 trading days after winning an important legal battle. XRP has remained neutral, but is starting […]Read More