JohnnyTH

JohnnyTH Updated 

We just hit the bottom of 6k of BTCUSD and we are starting a new cycle. On the sublevel we are completing wave 5 that will bring us to the ABC final part. I see a good shorting opportunity from point 5 to point A. After our ABC correction we will hopefully see a very strong growth that will bring happiness and wealth to all of us, we all want BTC to rise after...

JohnnyTH Updated 

Yesterday BTCUSD officially broke the downtrend channel which started late december 2017. This break out is really important and is finally changing the general mood and bring hope to investors which bought in above $17k and are still facing important losses. I believe we will see some strong and healthy growth over the next few days and weeks, but definitely...

JohnnyTH Updated 

LTC has had a fractal pattern in the recent days, if it keeps going like this we can expect another spike to 320 USD (272 EUR) before the end of the day, then some more consolidation. In general my bet is for 400/500 USD by the end of the year.

JohnnyTH

Today Bitcoin rose a steady 10% but left all the other cryptocurrencies behind, most nostably ETH, BCH, LTC, starting at 2am CET the 26th of december. Even Ethereum which got an interesting edge over Bitcoin 24 hours before lost that edge. This is a new beheviour compared to the past weeks when all main currencies always moved together with Bitcoin in some...

JohnnyTH

Based on the recent trend I expect one more hit to 300 EUR / 350 USD, then one more fall similar to the "crash" of the 22nd. This is because of the insecurity and fear that the drop of the 22nd set on the general public. Investors will hold since in the next weeks we are surely seeing some more action words 350/400 USD. One thing to keep in mind is that LTC/BTC...

JohnnyTH

On december 8th the market finally recalled that Litecoin existed and that it was seriously slacking behind other Tier 1 crypto currencies. Litecoin protocol is substantially the same as Bitcoin's, with two major differences which every investor should at least be aware of: 1) Modified blockchain parameters allow more litecoin currency units to be generated...