Today’s Chart of the Day was shared in an article by Frank Chaparro (@fintechfrank). Earlier today, a report from Bloomberg revealed that legendary investor Paul Tudor Jones II is long Bitcoin. Paul Tudor Jones is highly respected in the technical community for amassing a multi-billion-dollar fortune by observing price action and riding trends. When he speaks, chart watchers listen! In […]
Chart of the Day – Monday, May 4th, 2020
Today’s Chart of the Day was shared by Matt Weller of Forex.com, in an article titled: “The Bitcoin Halving: What Traders Need to Know.” It’s a weekly candlestick chart of Bitcoin priced in US dollars, going back to 2012. In the article, Matt discusses the third Bitcoin “halving” event that is expected to occur around May 11th or […]
Chart of the Day – Wednesday, November 6th, 2019
Both $BTC and $SPX bottomed at their 200 WMA in 2018. Charts come in super helpful once the uptrends end and the narratives turn to noise. pic.twitter.com/BwMvAGexpP — Arun S. Chopra CFA CMT🧐 (@FusionptCapital) November 6, 2019 Today’s Chart of the Day was shared on Twitter by Arun Chopra (@FusionptCapital). The chart shows two […]
Bitcoin Breaks Down But Remains Leadership
While investors have been busy with headlines related to the Fed, trade negotiations, Brexit news and more, it has been a relatively quiet summer for the usually rambunctious Cryptocurrency market. Bitcoin ($BTCUSD) and “Alt-Coins” such as Ethereum ($ETHUSD) and Litecoin ($LTCUSD) rallied aggressively from April to June but volatility has since cooled off as prices […]
Crypto Back in the Limelight
Bitcoin ($BTCUSD) has had a very strong last couple of months after bottoming around $3300 late last year and into 2019. The same can be said for Ethereum ($ETHUSD) or Ripple ($XRPUSD). Bitcoin recently surpassed the $13,000 level and this has sprouted a new surge in Crypto Mania. So, where do we currently stand? Tarek […]
