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April 11 Bitcoin Update – BTC Has a Strong Rebound
Yesterday I discussed how BTC was losing multiple support levels, but I thought that BTC would have a rebound without dropping lower. We did get that swift rebound, and BTC formed a long wick below the yellow support line. This yellow support line still ended up holding as support, and BTC has now risen above […]Read More
RIVN – I’m Still Bullish at New All Time Lows
$RIVN has formed new all time lows today. I think this will present some more buying opportunities, the price is in a downtrend for now. RIVN is a long-term play for me, I’m not bullish on the short-term price action since the EV industry is in trouble right now. I’m betting on AI significantly improving […]Read More
RIOT – Potential Rebound at the White Trendline
I think RIOT is approaching an important support level here, the white trendline at $9.48. I would look for a bullish rebound off this white trendline, which would allow RIOT to continue trading sideways within a range. I think there should be concerns about how BTC miners will perform after the BTC halving since the […]Read More