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The double 0 numbers , and in this case triple 0, usually act like magnets for the price. They tend to be natural resistances and supports since these levels have a very important psicologic component. Right now, Bitcoin hovering around $8,000 and performing a symmetrical triangle . These patterns normally mean trend continuation. When they are about to be...

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Here we can see that everytime the crypto market faces pumps and increases in value, the other cryptocurrencies, even if they are the most capitalised ones such as XRP or ETH, cannot keep the pace with Bitcoin. Implications of it? Traders trading from BTC to other cryptocurrency can increase their BTC holdings during bearish and ranging markets. However, when...

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$BTC going WILD. New highs reached that haven´t been seen for 19 months. The Bitcoin price, when unleash, doesn´t understand of consolidation periods or pull-backs. Where traders in traditional markets would be taking short positions to consolidate the last pumps and increases, BTC just keeps going up. The price rose exponentially in the last two pumps. Now, it...

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BTC pumps a like it hasn´t do it in more than 10 months. Currently, in a 10 months high. But now, what? In traditional markets these kind of pumps are usually accompanied by consolidation periods in which a pull-back takes place. During the last hours the BTC price has retraced 800 points. A signigican and sudden pull-back. Now we should wonder, is it the...

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$BTC increasing 1000 points in 34 hours!! The reversal, very possibly, is taking place! The Bitcoin price has risen from $6,000 to $7,000 in aproximately one day. This breakout of $6,500 breaks the last pivot made before the fall of November 2018. It touched $7,000 and quickly retraced back to $6,750. Good moment to buy? You never know in crypto since a lot of...

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Contiuous downward trend for ETHBTC. ETH can only take a break and retrace upwards once BTC suffers from strong drops. Bullish markets are characterized by the BTC dominance, the main and most decentralized cryptocurrency. Now, the ETH price against BTC is reaching its main support at 0.026 BTC per ETH. A lot of pressure is being put on this support that, if...

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Binance blocks deposits and withdrawals at least for a week. This means no trading in the world´s largest exchange, therefore lower volume in the upcoming days, which might make BTC and the whole crypto market to go down. Volume has already been very low today, and it can remain like this or even lower for the rest of the week. These low volume levels very likely...

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BTC just made another bullish breakout and reached the level of $5900. Now, a retracement with low volume to $5800 in order to consolidate this new 7 months high. No doubt $6K will be the next key point. That could be the level that, if there is bullish momemtum, can indicate the beginning of a solid upward trend. The Copilot

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BTC currently bouncing between $5600 and $5800. Now, it is surging again and heading the resistance at $5800. Once the price reaches that resistance, it will be a key moment in which BTC will try to consolidate the level at $5900. However, if the price doesn´t show enought strenght and volume, it might go back to $5600 with potential further drawdowns, especially...

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Clear ongoing downward trend in the EUR/USD since March 2018. Perfect channel and trend going on for 14 months already. Shorts taking over the market with not a lot of risk. The ECB keeps posponing the increase of interest rates while the US keeps breaking records in its main indexes like S&P 500 and EUR continues depreciating. 1.10 might act like a magnet for...

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BTC currently hovering around $5800 and $5600. Going long? I would rather wait until it consilidates the level at $5600 and then we might have possibilities to go long with a stop-loss below the last pivot at around $5500. ATTENTION! Yes, we are having several bullish signs. However, BTC is still in a bearish downward trend. Until it doesn´t clearly reverse, we...

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As said in previous market analyses, BTC reached 5350. Now it is hovering around this resistance that could become a support soon enough if the demand keeps driving the price up. The next resistance at 5600 is the main target now to continue keeping an eye on a potential trend reversal. The Copilot

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Bitcoin is in a very key moment. If it can break upwards the blue shady area at 5350 it will try to reach its 7 months maximum at 5600, which is a crucial zone to determine if bitcoin and the whole crypto market is having a trend reversal. Bull trend? This has been the most repeated question during the last month. 5600 will be a key moment to determine the...

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There is many people arguing why BTC and the whole crypto market might be starting a new Bull market. However, one of the most basic lessons to bear in mind while investings is not to bet against the current trend. While it is true that there are bullish patterns and reasons to believe in an upwards trend reversal, BTC and most of the crypto find themselves in a...

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USDT has been The stable coin in which everybody has put their trust and confidence to maintain part of their crypto assets is a stable coin. Well, USDT has fallen by around 3%. From 1 USD for every USDT to 0.97 USD for every USDT. As we can see in the chart, such an important variation hasn´t taken place since October 2018, date in which USDT/USD had a variation...

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BTC made the awaited pull-back and now it is trying to get back to the resistance at 5500 (note that this is a Bitfinex chart that gives a more expensive price for BTC -> arbitrage opportunities). The retracement was made with a very long wick partially due to the Bitfinex issues with USDT. These kind of wicks are stop-loss killers for those who set one. Now...

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Finally BTC/USD has made the breakout of the resistance at $5300 and therefore confirms its new uptrend. This means more signals of a potential bullish market for BTC and the crypto market. So now what? The awaited breakout of the resistance has taken place, in order to confirm that the market can continue being bullish in the short/medium term, the price has to...

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BTC keeps on testing the resistance at 5300. The ascending triangle in about to be completed, which suggests that the price might be about to make a volatile movement. If the bulls finally take over and volume is present in the next few days, we might have the awaited bullish confirmation for BTC and the whole crypto market. On the other hand, if volume remains...