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Crypto Corner

Talking about cryptocurrencies, investing, trading, mining, etc.

  1. Bitcoin chart update: 20 Jan 2018

    Well, Bitcoin's price action did not stay in the pennant that I showed last week. The big sell off a few days ago broke the resistance of the rising floor and damaged that setup.

    namor's Vegas Boxer account-20jan18-flag-fail-jpg

    However, the sell off stabilized in time to setup a new descending channel that looks like a bull flag on the 1-day chart (every candlestick is 24 hours of trading).

    namor's Vegas Boxer account-20jan18-new-bull-flag-jpg

    I added the MACD and RSI as additional indicators at the ...
  2. Bitcoin preparing for a big move?

    Bitcoin reached its all-time high on December 17, 2017, touching $19,700 and closing in the $19,000 range, depending on which exchange you reference. The bull run leading up to that all-time high more than tripled the value of the crypto currency from its low on November 12 of $5,600.

    Since that run, we've seen a lot of big swings, but it's really just sideways consolidation compared to the massive bull run.

    Transfer 9/1 for 9/2/04-14jan18-bitcoin-jpg

    That sideways consolidation ...
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  3. Crypto Corner Blog Primer

    Crypto currencies like bitcoin and the many other alt coins are a hot topic and hot commodity right now. With so much interest, Tom and I thought it would be a good idea to start this blog.

    If you haven't been able to tell yet from my recent forum posts, I am mildly obsessed with crypto currencies. I enjoy any time I get to spend writing or talking about the topic. I watch a lot of videos on youtube, read the headlines and listen to the podcasts. I ventured into mining, and trading, ...
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S&P 500 (C Fund)
S&P 500 INDEX,RTH (^GSPC)
DWCPF (S Fund)
Dow Jones U.S. Completion Total Stock Market Index (^DWCPF)
EFA (I Fund)
iShares MSCI EAFE Index (EFA)
AGG (F Fund)
iShares Lehman Aggregate Bond (AGG)
Source: https://finance.google.com/finance