We provide our monthly update on the fair value logarithmic regression fit of the total cryptocurrency market cap. This can help us identify times of undervaluation and overvaluation for BTC and other cryptocurrencies. We make a few projections and discuss the results in lieu of the projected Bitcoin dominance. Bitcoin TA Video by Benjamin Cowen.
Saturday, 1 August 2020
Bitcoin has a phenomenal monthly close
Bitcoin has a phenomenal monthly close! Last time BTC traded above this level in 2017 it took only TWO weeks to hit the all time high! Is a new all time high realistically achievable THIS month? Extreme volatility ahead!! One more altcoin surge still possible! Crypto News Video by Crypto Zombie.
Bitcoin's wave 5 hits our upside target
Bitcoin's wave 5 hits our upside target... now what? As bitcoin's recent rally continues to gather momentum, we have just reached a key level that we have been eyeing on bitcoin for several months. However, what happens once the wave 5 completes? Could we see a major correction or pullback in the bitcoin price? We discuss in this video the likely elliott wave counts. Video by Alessio Rastani.
Bitcoin Keeps Rising
Bitcoin Keeps Rising, US GDP Drops Hard, Dollars For Bitcoin & Coinbase Adding 19 new Coins. Crypto News Video by The Modern Investor.
Bitcoin's highest monthly candle close in 2.5 years
The only time in the history of Bitcoin that a monthly candle closed at a price higher than the close in July was December 2017. Let that sink in for a bit. Bitcoin has been continuing to prove the bears wrong and has now closed its second highest monthly candle. Bitcoin TA Video by Benjamin Cowen.
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