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Ethereum Remains Neutral Throughout Sept
Ethereum has traded sideways throughout the month of September between $2,100 and $2,500. The price is currently trading near the highs of this range, and I don’t expect to see any exciting price action until October. Historically Ethereum tends to be neutral and slightly bearish in Sept. Next week is also seasonally bearish for crypto […]Read More
Bitcoin Goes on a Post-FOMC Rally to $63K
Yesterday evening Bitcoin rallied to $62k, and today the price has climbed up higher to $63k. The markets have experienced a post-FOMC rally higher, and I have $60,700 as a key price level to monitor if there is a pullback. There are two trendlines, the red and yellow lines, that intersect there. Bitcoin has broken […]Read More
MicroStrategy’s Bitcoin Gamble: Should You Follow Suit?
Bitcoin has long captivated the imagination of investors, and its potential for explosive growth has made it a topic of intense debate. One of the most eye-catching strategies in recent years comes from MicroStrategy, which made a bold decision to go all-in on Bitcoin. Since 2020, MicroStrategy has poured billions of dollars into Bitcoin, accumulating […]Read More