Community Message Board
Join our message board, where individuals can freely share thoughts and engage in discussions on a wide range of financial topics. It serves as the perfect platform for connecting with others that share a similar interest, fostering an environment where everyone, regardless of their unique financial journey, can contribute ideas and learn from eachother.
Bitcoin Struggling to Break $58.4k Resistance
Bitcoin continues to trade under the white resistance zone, and is struggling to break above the $58.4k resistance level. I would continue to monitor for a break or rejection at $58.4k, and I think there should be concerns for more downside in Sept and early October. I think both the bullish and bearish outlook involve […]Read More
Altcoin Market Trading Near the Midrange
The Altcoin market has rallied from the lows of the trading range and has now reached the midrange. I think Bitcoin is showing some concerning resistance at $58.5k, I would carefully monitor the price action to see if Altcoins form a peak here and start trending down. If Bitcoin manages to climb above $58.5k then […]Read More
Bitcoin Facing Resistance Ahead of Fed Pivot
Next week there is an important FOMC meeting on Sept. 18 where the Fed is expected to announce a 25 bps cut. Bitcoin has formed a peak near the two previous FOMC meetings in June and July (marked by light blue circles). I think the there is a good chance that Bitcoin is also forming […]Read More