Posts Tagged ‘Bitcoin’

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Bitcoin Forecast — September 20th 2019

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the September 20th session. Bitcoin/USD — The market is trading inside this descending triangle pattern. Also, the market is getting close towards the base of this pattern. The target of this pattern to the downside is the $5,000 level. Fiat currencies are depreciating at the moment in value due to interest rate cuts by central banks around the world. However, bitcoin has failed to gain […]

Bitcoin Forecast — September 19th 2019

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the September 19th session. Bitcoin/USD — The Federal Reserve meeting did not have much impact on this market. You can make an argument for a potential descending triangle pattern. If the market breaks out to the downside, then the target is the $5,000 level. Only a hawkish stance of the Fed regarding the monetary policy can send this market lower. But it looks […]

Bitcoin Forecast — September 18th 2019

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the September 18th session. Bitcoin/USD — The market has been hovering around the 50-day EMA and is drifting sideways within this consolidation zone. Investors are waiting for the statement from the Fed. If the Fed causes the greenback to weaken, then this market will go much higher. The $12,000 level is the short-term target and the $1,450 level is the measured target after […]

Bitcoin Forecast — September 16th 2019

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the September 13th session. Bitcoin/USD — The trading session was flat on Friday. The market has been drifting sideways inside this consolidation zone. The market is just hovering around the 50-day EMA. The $12,000 is the top of the consolidation zone. The $9,000 is the bottom. To the downside, the $8,000 will come into play. So, buying pullbacks are seen as value in this market […]

Bitcoin Forecast — September 13th 2019

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the September 13th session. Bitcoin/USD — The market is now trading above the 50-day EMA and is also trading within this consolidation zone. It looks like the market could slowly make its way towards the top of the consolidation range, which is the $12,000 level. To the downside, the 200-day EMA, and the $8,000 level look supportive. Central banks around the world are […]

Bitcoin Forecast — September 12th 2019

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the September 12th session. Bitcoin/USD — The market was slightly bearish on Wednesday session. Bitcoin has been drifting inside this consolidation range, between the $1,2000 level, and the $9,250 level. Investments are flowing away from fiat currencies at the moment. This could attract investments towards the bitcoin market. There is an ECB meeting scheduled this week and a likelihood of increased […]

Bitcoin Forecast — September 10th 2019

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the September 10th session. Bitcoin/USD — The market is still trading within this consolidation zone. It makes sense that the market is trying to gain ground here after making a big move to the upside. So, this is a market that looks like trying to build enough momentum to make it to the upside again. The central banks like the Fed and the ECB […]

Bitcoin Forecast — September 9th 2019

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the September 9th session. Bitcoin/USD — Bitcoin has been drifting sideways within this large consolidation range. To the downside, the $9,250 is the bottom, and the $12,000 level is the top. So, you can do range trading at the moment. The market is just above the 50-day EMA. To the upside, the $14,000 level is the short-term target. So, pullbacks are seen as buying opportunities.

What Is Bitcoin — How to Trade Bitcoin

In this video, you will learn about bitcoin, and how to trade it. It is based on a technology called blockchain. Internet revolutionized the modern world in the way we communicate. So, similarly, blockchain will transform the way, businesses will be conducted. Blockchain technology is based on a decentralized and a shared ledger for transactions. For a beginner, it may sound complicated to understand about the bitcoin technology. There is a criticism from leading personalities […]

Bitcoin Forecast — September 6th 2019

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the September 6th session. Bitcoin/USD — Bitcion is drifting sideways inside this consolidation zone and is hovering above the 50-day EMA. The market is consolidating between the $9,250 level and the $12,000 level. The market is still in an uptrend. At the moment, investments are flowing towards the bitcoin market. So, you can utilize it as buying opportunities on pullbacks.

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