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Thread: Bitcoin

  1. #673

    Default Re: Bitcoin

    After the 50-day EMA gave way for the first time in a while, the 100-day EMA has been trying to hold...

    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.

  2.  
  3. #674

    Default Re: Bitcoin

    Bear flags on bitcoin and GBTC charts.

    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.

  4.  
  5. #675

    Default Re: Bitcoin

    I wonder what's really going on here? Maybe Elon just wants to buy the next big correction? He seems to enjoy his ability to manipulate the price of things.


    Elon Musk suggests Tesla is dumping bitcoin holdings

    https://www.cnbc.com/2021/05/16/elon...g-bitcoin.html
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.


  6.  
  7. #676

    Join Date
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    Default Re: Bitcoin

    Glad I sold half my LiteCoin at 403, will hodl rest. Out with all my initial investment BitcoinBitcoinBitcoin
    Rules:
    - Trade what you see, not what you believe
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  8.  
  9. #677

    Default Re: Bitcoin

    Quote Originally Posted by tsptalk View Post
    I wonder what's really going on here? Maybe Elon just wants to buy the next big correction? He seems to enjoy his ability to manipulate the price of things.

    Elon Musk suggests Tesla is dumping bitcoin holdings

    https://www.cnbc.com/2021/05/16/elon...g-bitcoin.html

    Today: Elon Musk, Tesla has not sold any Bitcoin.

    https://www.msn.com/en-us/autos/news...us/ar-BB1gOVOc
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.

  10.  
  11. #678

    Default Re: Bitcoin

    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.

  12.  
  13. #679

    Join Date
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    Default Re: Bitcoin

    The Schiff, doubling down on his bearish bitcoin stance. I can't disagree with him on this one.

    If a single @elonmusk tweet can have so much influence over the price of #Bitcoin how can anyone seriously consider it to be money? How can Bitcoin be a safe-haven asset if a one-word tweet puts it at risk? It should be clear by now that buying Bitcoin is gambling, not investing. Bitcoin’s price changes can be influenced by “a one-word tweet”.
    https://www.investing.com/news/crypt...esting-2507855

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  15. #680

    Default Re: Bitcoin

    Bitcoin tanks 20% in 24 hours to fall below $35,000, hits lowest level since January


    https://www.cnbc.com/2021/05/19/bitc...-be-near-.html
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.

  16.  
  17. #681

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    Default Re: Bitcoin

    Well, it looks like it managed to make it's H&S measured move down in one day, so maybe the intermission is over.

    I shouldn't be so negative, besides, it's a "store of value" isn't it?

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  19. #682

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    Default Re: Bitcoin

    Binance has temporarily suspended some leveraged trades. Those who are saying, who cares about Binance, well, they allow up to 125x leverage on trades. Think about it.

    Binance has temporarily suspended trading for all Binance Leveraged Tokens except for: BTCUP, BTCDOWN, ETHUP, ETHDOWN, BNBUP and BNBDOWN. Subscription and redemption for all Binance Leveraged Tokens has been temporarily suspended.
    https://www.binance.com/en/support/a...a9f1eb71b13907

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  21. #683

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    Default Re: Bitcoin

    For fans of Cathie Wood, she just said on Bloomberg that she still sees Bitcoin going to $500,000. No time frame given though.

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  23. #684

    Default Re: Bitcoin

    Coinbase back online following outage for some users amid bitcoin sell-off

    https://www.cnbc.com/2021/05/19/coin...ome-users.html
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.


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