After dropping below the 20D SMA and 21D EMA for just over a week, the valuation of DOT against USD is now back on track and above both of these short-term moving averages. We also take a look at the valuation of DOT against Bitcoin and Ethereum and discuss its performance against them over the last few months. TA Video by Benjamin Cowen.
Wednesday, 31 March 2021
Crypto Market All Time High
Crypto Market All Time High, Paypal + Bitcoin, Adoption Skyrockets & What The Fudge Is Going On. Crypto News Video by The Modern Investor.
Ethereum Approaches $1900
The price of Ethereum has been incredibly volatile the last few months - currently, the price is slowly trending back up as Bitcoin shows some signs of life. We just briefly update where we are within our current move, and how we still have a long way to go before the bulls can take back over for Ethereum. TA Video by Benjamin Cowen.
Bitcoin's Rival DXY Fights Back
The US Dollar Currency Index (DXY) continues to fight back, despite massive government printing. Historically speaking, when DXY is trending down, Bitcoin trends up, and when DXY is trending up, Bitcoin trends down. With DXY having a fairly impressive breakout over the last few weeks, we cannot help but wonder if this will present an obstacle for Bitcoin on its journey to $100k, or if is simply a detail that will not be regarded in the future. TA Video by Benjamin Cowen.
Tuesday, 30 March 2021
Bitcoin price continues to climb as adoption accelerates
Bitcoin price continues to climb as adoption accelerates! PayPal unveils crypto payments, Bakkt App launches, CME introduces BTC mini futures, and nations consider adding #BTC to their reserves. Video by Crypto Zombie.
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