Category Archives: Technical Analysis

Monday Market Roundup – Bulls vs Moving Averages

The last week’s rally off the lows has had some fair potency so far, it’s been by far the most convincing attempt at a breakout rally we’ve had since the December peak. However, it’s important to remember the mantra: Bear markets are characterised by powerful countertrend rallies. So are we still in a bear market? […]

Monday Market Roundup – Is this the bottom?

Trading chart

Today I’m going to try and answer the question everyone keeps asking me: Is this the bottom? Bitcoin Bitcoin has bounced nicely off the 50 week moving average (blue dotted here) and is playing pinball between that and the 50 day moving average just above (blue), which it’s just rejected overnight. The volume on this […]

Wednesday Cryptocurrency Market Roundup – and a Look at the Big Picture

Tech Analysis

Cryptocurrencies are clearly in a confirmed bear market now – the good news is this potentially affords us the possibility of getting in position at better price points ahead of the next market cycle. Meanwhile the macro picture (i.e. other world markets outside of crypto) is starting to look somewhat shaky, which may have a […]

Bitcoin’s Recent Price Reversal

Tech Analysis

Just why do parabolic moves often reverse so spectacularly? Parabolic market moves are those which reflect exponential increases in a price. They are obvious on a chart because, rather than being a straight line, they curve upwards with the angle of ascent increasing as more time passes. BTC has been in a parabolic move for […]