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since Aug 8, 2022
fundamental
indicator
trendanalysis
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I’m going to do a quick analysis of Bitcoin for fun and to compare my ideas with what actually plays out on the charts. First, I’m looking at this cup and handle formation, which I think is pretty textbook as you can see above. It's been forming since November 2021, and if it plays out as expected, it suggests a minimum price target of around $130k. That would...
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Examining the chart above, it's evident that gold has experienced several prolonged periods of consolidation, often lasting decades after reaching all-time highs, with a typical decline of over 45% in value before eventually returning to those previous highs. I'm addressing this today to provide insights into investing in gold. Although many assert that gold...
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