BTC is had a fakeout below the bull pennant support line that caused a lot of fear and panic selling. I have been buying the fear and the price has rebounded nicely so far. BTC has swung from $56k to $64k in just a few short trading days. I think BTC can continue to rally in May, and I would not be surprised to see BTC trading at $70k or $80k soon. My two short-term resistance targets are $67.5k and $69k on the way up.
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There are still two more days left for the Nashville Bitcoin Conference, and BTC has been trying to break through the upper range of this bull pennant pattern. I have $67.9k as a key resistance target to monitor for a bullish breakout. Bitcoin is starting to outperform Ethereum despite the focus on ETH for the […]
Read MoreEthereum is starting to rebound around $3.1k, and could start to trend up again. I would monitor the Grayscale Ethereum ETF flows because all of the selling is primarily coming from Grayscale. This was a trend that we observed for Bitcoin during the Bitcoin ETF launch. I think once Grayscale stops selling Ethereum could see […]
Read MoreSOL has shown a lot of bullish momentum, and is starting to break through the red resistance line. I think SOL continues to rally up to the resistance zone around $202-210. Follow me on social media: https://linktr.ee/realchartchamp
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There are still two more days left for the Nashville Bitcoin Conference, and BTC has been trying to break through the upper range of this bull pennant pattern. I have $67.9k as a key resistance target to monitor for a bullish breakout. Bitcoin is starting to outperform Ethereum despite the focus on ETH for the […]
Read MoreEthereum is starting to rebound around $3.1k, and could start to trend up again. I would monitor the Grayscale Ethereum ETF flows because all of the selling is primarily coming from Grayscale. This was a trend that we observed for Bitcoin during the Bitcoin ETF launch. I think once Grayscale stops selling Ethereum could see […]
Read MoreSOL has shown a lot of bullish momentum, and is starting to break through the red resistance line. I think SOL continues to rally up to the resistance zone around $202-210. Follow me on social media: https://linktr.ee/realchartchamp
Read More