Bear flags on bitcoin and GBTC charts.
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.
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.
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.
Glad I sold half my LiteCoin at 403, will hodl rest. Out with all my initial investment
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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.
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.
The Schiff, doubling down on his bearish bitcoin stance. I can't disagree with him on this one.
https://www.investing.com/news/crypt...esting-2507855If 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”.
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.
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?
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.
https://www.binance.com/en/support/a...a9f1eb71b13907Binance 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.
For fans of Cathie Wood, she just said on Bloomberg that she still sees Bitcoin going to $500,000. No time frame given though.
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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