Another week has past. There is no clear direction yet. I’ve gathered the best charts I’ve found during the week, along with MVRC Z-Score and Google trends. LookIntoBitcoin | MVRV Z-Score My screenshot of Google…
Category: Bitcoin
Bitcoin update
Bitcoin has been strong and I think a pullback is imminent (within days or weeks). The risk is higher. In my previous post I examined the possibility of a double pump the next year. We…
Bitcoins 2013 Double pump
Bitcoins price is showing no signs of weakness. If the price continues to increase rapidly the so called double pump scenario of 2013 is in play. It’s too soon for the price to top out…
Bitcoin and Google Trends
Using Google Trends with the search terms Bitcoin and Ethereum current interest can be compared with the previous top in 2017. The previous top in interest over time was 3 – 23 Dec, 2017. The…
Revised Bitcoin price targets
My first target for Bitcoin is 30k which it basically reached with price at 28k. My first target to sell is >100k. In this post I will look more into where I want to sell…
Trend Based Fib Extensions and BTC, ETH, LTC and BTC/ETH
Using Trend Based Fibonacci Extensions Support-Resistance zones can be plotted. The images can be open in another window to be viewed more clearly. Another time I will somewhat my targets. BTC Upper Resistance/Support zone: 86k…
Ethereum / Bitcoin ratio and previous tops
There is a lot of discussion on social media about the coming altcoin cycle. During the last altcoin bull cycle Ethereum / Bitcoin price reached its all-time high (ATH) 7 months before it reached it…