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: Ethereum
Ethereum update
Ethereum hit target of 1300 USD yesterday. Unfortunately it was during a weekend. The price is 1100 USD at the moment. I was planning to try to swing trade with around 30% of my long…
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…
Bought Litecoin and Ethereum
Lots of altcoins have been moving up the last few weeks. The Large Caps (Bitcoin, Ethereum, Litecoin) have barely moved. As planned I added about 500 USD worth of Litecoin and Ethereum each to my…
Cryptocurrency markets are heating up
The cryptocurrency markets are heating up. Bitcoin halving has passed and whales (people who buy a lot of Bitcoins) have moved their funds out of cryptocurrency exchanges. Several altcoins have already increased tripple digits. Ethereum…
Total market valuations vs crypto and precious metals
Total market valuation of cryptocurrency and silver are low compared to other classes while the derivatives are at all time high. What is a derivate? A derivative is a financial security with a value that…